Great doco on the Chinese credit bubble

[charttv]

Great BBC doco on the state of the ever expanding credit bubble in China. I found it fascinating viewing.

apologies if this has been posted before

https://www.youtube.com/watch?v=XnBcZ-p1Arw

just realised this should probably go in the economics section

 

[roe]

you cant have house price going up if there is no credit expansion and cheap debt and it do the reverse when credit contract and cost of debt going up.

same old boom and bust cycle just in different times