This is indicative of the UNSUSTAINABLE hyper growth China has experenced since early 2010s in all facets of it’s economy.

Certain things we have read indicate China laid out more cement for roads and buildings between 2011 and 2016 than the US did in the entire 20th Century. It was also in this time frame the scarity of building materials they caused to fulfill these projects caused a...

WOW

The S&P 7, now reflects a record 29.7% of the entire index by market cap. This is up sharply from 20% at the beginning of 2023 and above the 29.1% high in 2021. Meanwhile, the S&P 7 is up over 50% and continues to drive market direction. The remaining 493...

The bankers we know will laugh at this. The risk algorithms will dictate how they operate no matter what these misdirected warped government mandates dictate. Think about it, how can you collect errant funds due from a homeless camp? Our own indigenous LEGAL CITIZEN people being squeezed on credit availability in current tight fisted banking environment so in that light see how IDIOT STUPID this sounds?

Biden Admin Threatens Banks That Refuse To Lend Money To Illegal Immigrants (msn.com)