China’s Financial Bubbles Remind Us of Scams like Britain’s South Sea Bubble
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It never ends well: to clean up mountains of bad debts, the Chinese regime has employed debt-for-equity schemes that could leave countless ordinary investors in deep trouble.
Original Article: “China’s Financial Bubbles Remind Us of Scams like Britain’s South Sea Bubble“
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.