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Louis Giokas
China Observer
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Comments by "Louis Giokas" (@louisgiokas2206) on "China’s Economy in a Deadlock: Masses Stop Mortgage Payments, Banks Reject Foreclosures" video.
The interest first, or interest only loans, are a big part of what caused the 2008 financial crisis. China is headed or a cliff. It is a good thing their banking system is not well integrated with that of the rest of the world.
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