According to the Institute of International Finance (IIF), China's debt to GDP Ratio is now over 300% at 303%!! China's debt tops 300% of GDP, now 15% of global total - IIF https://finance.yahoo.com/news/chinas-debt-tops-300-gdp-060202333.html 2018 Bank of International Settlement (BIS) Report: Hong Kong, China bank sectors vulnerable to crisis https://www.scmp.com/business/banking-finance/article/2136882/hong-kong-china-bank-sectors-vulnerable-crisis-says-bank Beijing Lets One Slip: Obscure Data Suggests China Housing Bubble Has Burst https://www.zerohedge.com/news/2019-07-17/obscure-chinese-data-suggests-china-housing-bubble-has-burst Also, according to China expert, Emma Muhleman, China Minsheng Investment group defaults on $500mm worth of external debt, a first of its kind and another symptom of the cracks (gaping holes) in China’s financial system. Foreign Investors (and foreign investors in China / Global bond funds beware). China Has Been Covertly Funding A Housing Bubble Five Times China has had 65 million (or more) empty homes since 2010? Larger Than That Of The US: 65 Million Vacant Homes Uncovered https://www.zerohedge.com/article/china-has-been-covertly-funding-housing-bubble-five-times-larger-us-65-million-vacant-homes- Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt Commit to tipping us monthly for our hard work creating high level, thought proving content about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We only have about 51 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Wall St for Main St is also available for personalized investor education and consulting! Please email us to learn more about it! If you want to reach us, please email us at: [email protected] **DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**