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5 sats \ 0 replies \ @KenyaCoin 21 Jul 2022 \ on: China reckons with its first overseas debt crisis bitcoin
Here's a good thread with additional points made:
1/10 Good article on the difficulties China faces on its developing-country lending. "A Financial Times examination of the financial health of the Belt and Road Initiative has uncovered a mountain of non-performing loans."
https://www.ft.com/content/ccbe2b80-0c3e-4d58-a182-8728b443df9a
https://twitter.com/michaelxpettis/status/1549998970357022720 https://nitter.it/michaelxpettis/status/1549998970357022720 <-- Shows the thread in a single, easy-to-read, web page
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