This Is What a Banking Crisis Looks Like

If you are in any way interested in precious metals,  you need to see what today's video sponsor, Monetary Metals, is doing with them at the link below: http://www.monetary-metals.com/Snider/Nine months later, China's bazooka has totally flopped. We have all the proof necessary. But the "stimulus" failure is not even the biggest takeaway. The full story behind it starts with banks, detours into massive volatility in Hong Kong, before ending up with zombies. Seriously. Eurodollar University's Money & Macro AnalysisBloomberg Beijing’s Borrowing Drove Credit Growth Despite Weak Loan Demandhttps://www.bloomberg.com/news/articles/2025-06-13/china-credit-expansion-new-loans-rose-less-than-expected-in-mayBloomberg China Forced to Keep Unprofitable Firms Alive to Save Jobs and Avoid Unresthttps://www.bloomberg.com/news/features/2025-06-12/xi-keeps-china-s-unprofitable-businesses-alive-to-save-jobs-and-avoid-unrestHK HIBORhttps://www.hkab.org.hk/en/rates/hiborhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU