Comments by "HKim0072" (@HKim0072) on "Chinese Civil Servants Are Collapsing: Not Paid for 9 Months, Many Forced to Buy Valueless Bonds" video.

  1. Total death spiral. Cut back on government spending. People have less money to spend. Governments collect even less taxes. Edit: our 2009 stimulus package was 6-7% of GDP. And, we started ugh, QE. That barely worked.
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  2. lol, Chinese banks are loaning to individuals at a 80bps spread? That seems off. Chinese central bank cut the rate on its medium-term lending facility loans to some banks by 10 basis points to 2.65%
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