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Dan, I Allegedly, 10/6/26
"The Chinese Banking Collapse Has Started"
"Is China on the verge of an economic collapse? China has eliminated hundreds of banks as Beijing moves to consolidate its banking system, while serious problems continue to develop in China's property market, local government debt, bad loans and banking profitability. In this iAllegedly report, 670 banking institutions have disappeared, China's struggling rural banks, the property boom and ghost cities, government debt, weakening credit and the billions of dollars being used to strengthen major Chinese financial institutions. Is this simply banking consolidation - or is China trying to contain a much bigger financial problem? What happens in China could matter to the entire global economy, including American businesses, consumers, manufacturers, banks and investors.
China's economy is deeply connected to global manufacturing and supply chains, and financial problems involving Chinese banks, property developers and local governments could create consequences far beyond China's borders. Dan breaks down the warning signs, explains why the banking system matters, examines the connection between property values, debt and credit, and asks the bigger question: is China's economic crisis already underway?"
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World Affairs In Context, 10/6/26
"The Worst Nightmare Is Here -
US Job Market Collapses as Inflation Is Rising"
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