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Sunday, October 31, 2021

China and Evergrande

Hui Ka Yan, founder of Evergrande (Getty Images)

Charles Hugh Smith has a post up on of two minds about China's enormous, escalating, debt problem. He makes it sound like we are headed for disaster. Maybe we are.

P.S. I picked the picture because the yellow tint make Hui look sickly, which seems appropriate considering his problems.

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