Comments by "M gronich" (@mgronich948) on "Graham Stephan" channel.

  1. The collapse of China in 29 days, the collapse of UK, the collapse of Russia. on and on.
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  2. There's two additional items that can make the Chinese real estate market worse. That is if the buyers could buy with zero down. And then these "junk loans" were then bundled together and sold as investments to big institutions. That was the situation in the US 2008 crisis. So bad as it is it hasn't gotten as bad as the 2008 crisis here. Back in the 1980's we had the savings and loan crisis, where savings and loan banks were dropping like flies. One bank in the LA area collapsed and ~10,000's of depositors were only reimbursed to $100K the limit of FDIC insurance at that time. After that S&L collapse, the Fed was more careful and subsidized bank takeovers that did not shaft depositors, preventing a bank run. The central bank's authority to print money here and in China can prevent future bank runs. It's at the expense of increased inflation. The US didn't collapse during the S&L crisis or the subprime mortgage crisis of 2008. China won't either.
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  3. What is this channel going to do in 29? days when China doesn't crash?
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