The $23 Trillion Credit Bubble In China Is Starting To Collapse – What Next?

Did you know that financial institutions all over the world are warning that we could see a "mega default" on a very prominent high-yield investment product in China on January 31st? We are being told that this could lead to a cascading collapse of the shadow banking system in China which could potentially result in "sky-high interest rates" and "a precipitous plunge in credit". In other words, it could be a "Lehman Brothers moment" for Asia.

Lehman 2.0? China Halts All Bank Transfers for 3 Days!