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Aside from 2) Is it not basically the same as the US mortgage crisis, except a bigger magnitude? That it could get worse shouldn't be surprising since China do
by throwawaymaths 3y ago
Aside from 2) Is it not basically the same as the US mortgage crisis, except a bigger magnitude? That it could get worse shouldn't be surprising since China doesn't exactly promote liquidity of information.
- rcme 3y agoThe U.S. mortgage crisis was really more of a rating issue than anything else. Risky assets were rated as having extremely little risk.