The chart of the week is courtesy Bloomberg and shows the maniacal credit boom in china. The credit to GDP ratio in China has breached historical levels and has entered into dangerous territory eclipsing levels seen before recent busts in 2008 and 2015. Another hard landing looks certain:
GOP Senator Who Owns Meta Stock Denies Conflict of Interest Ahead Of TikTok
Ban Vote: 'I Am Not Fighting Against A Company'
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While Mullin denied divulging details about his market activities, he
mentioned that he was not fighting against a company, but the Chinese
Communist Par...
56 minutes ago