Don't piss your pants, bans only increase this value, is just the most old game, MANIPULATION & MONEY CONTROL, get out of this if you don't know what you're playing, if you don't understand what this is about. 🤭
BIS Working Papers No 1013 Banking in the shadow of Bitcoin? The institutional adoption of cryptocurrencies by Raphael Auer, Marc Farag, Ulf Lewrick, Lovrenc Orazem and Markus Zoss Monetary and Economic Department May 2022
Banks Tried to Kill Crypto and Failed: In 2014, as regulators in New York were exploring ways to control Bitcoin, executives at Wall Street’s biggest banks fretted that regulating cryptocurrencies would also legitimize them — and that could threaten the finance industry. So they tried to sow doubt.
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China’s property crisis is leaping out of the frying pan and into the fire. Homebuyers in 22 cities are refusing to make mortgage payments on unfinished homes, Citigroup reports. The rare protest extends the risk of defaults from offshore developer bonds read more to banks with $6 trillion of mortgages.
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China found willing partners among poorer nations struggling to find lenders.
Now Beijing’s battling fresh “debt trap” accusations as the Ukraine war and global pandemic topple its long-term plans.
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The Marcos administration can avoid falling into a debt trap, particularly to China, if the benefits of the projects it will pursue outweigh the costs of the loans it will take, according to former finance secretary Carlos Dominguez III.
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China's real estate crisis is escalating, raising concerns about growing risks in the banking system.
Desperate homebuyers across dozens of cities are refusing to pay mortgages on unfinished homes, according to state media reports and economists at international banks.
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Since December 6th, 2021, the China Evergrande Group has been in technical default. Many fear that this could lead to the collapse of the Chinese Real estate market and wipe out billions in generational wealth. These similarities have led people to label this as China's Lehman Brothers collapse.
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Byung Chul Han on his books, He talks a lot and in detail about what is currently happening, but people prefer to be scared by news or manipulation, just listend a free book.