China's Banking Assets Are $52 Trillion, Growing By $40 Trillion Since 2008:

Source: https://www.zerohedge.com/markets/chinas-banking-assets-are-52-trillion-growing-40-trillion-2008-what-hyper-mmt-looks
Published: Dec 12, 2021
Author: Tyler Durden
Post Date: 2021-12-12 23:32:28 by Horse
Views: 37

"This Is What Hyper MMT Looks Like"

Future bailouts are coming via Main Street, as much as Wall Street. And when monetary and fiscal policy combine, policy becomes more directly inflationary in CPI terms, not simply in asset price terms.”


Poster Comment:

SEE CHART.

It was said years ago that China need a couple trillion dollars in US Treasury bonds because they had so much corruption that they would need trillions of American dollars to bail them out. .

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