Comments by "Frederick Miles" (@frederickmiles8815) on "Why China’s real estate crackdown is alarming investors" video.

Smart guy - but he is wrong; the debt is in USD and many of the lenders are forieng banks. Literally this will make dollar / scarcity sky rocket - China cant pay even if they wanted too. This will break the China economy - all Chinese citizens invest in real estate; the corner stone of their market is real estate. Anyone will exposure to China will suffer.
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@howard chang RMB is pegged to USD - either Winnie the Pooh makes China Weimar or they buy more Treasuries... For their debt that is denominated in USD - they are super duper fooked; Xu is panicing he will over react after the fact.
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