What PEOPLE don't realize is that China papered over its last two credit bubbles, those in 1999 and 2004. The BANKS were NEVER bailed out - they just exchanged their BAD loans for questionable bonds from quasi-state organizations.

Author - James Chanos


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Posted on 04 Oct 2024, this text provides information on Finance related to James Chanos. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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