Comments by "M gronich" (@mgronich948) on "China’s Debt Bubble, $1T Fraud, Banks are Failing. China's financial Collapse" video.

  1. It's very likely worse in the US. In China at least the govt recognized bubbles forming and are trying to reign them in. The Govt instituted the 3 red lines to limit real estate lending. And in the case of the trains, they've also limited debt to finance more high speed trains. But in the US, we have record high inflation and we passed a 700 Billion spending bill. And while the law is called "fight inflation" law every lawmaker agrees it will not reduce inflation. When things are bad in the US we make it worse. And we wait for another 2008 type crisis to "reset" the economy.
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