![](https://i.imgur.com/CLvY2jA.png")
17-07-2022, 10:45 AM
china almost 50 mil housing loan stop paying now, ton of bad debt, banks has no money now, that is why many cant withdraw money from banks.
same to developers, also default bond & banks loan, all the domino fall 1 by 1, buyer to developers to material suppliers to banks, all crash, the amount must be at least 5x the loan defaulted!! If $10 trillion stop paying, then easily $50 trillion affected in financial system & more!!
中国楼市继续崩溃，比业主停贷更可怕的连锁反应已经出现！有中国特色的“次贷危机”已经进门了，而且正在反锁房门
same to developers, also default bond & banks loan, all the domino fall 1 by 1, buyer to developers to material suppliers to banks, all crash, the amount must be at least 5x the loan defaulted!! If $10 trillion stop paying, then easily $50 trillion affected in financial system & more!!
中国楼市继续崩溃，比业主停贷更可怕的连锁反应已经出现！有中国特色的“次贷危机”已经进门了，而且正在反锁房门
