Chinese banks rallying 50% in three weeks were pricing in recovery as if the housing bust never happened, which is disconnected from economic reality where property developers face genuine credit constraints and pre-sale liabilities totaling trillions
causalpending
Speaker
Brian McCarthyEvidence Quote
“the banks were up 50% in three weeks literally pricing like there was no housing bust”
Created: 8/10/2026, 11:05:04 PM
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