diagnosis
Jiang says China now has the largest banks because bank liabilities also count as assets, making the system an illusion.
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Topic brief
A Jiang Lens evidence brief for this topic, built from source tags, transcript matches, and linked source refs.
China banks
A transcript-matched topic anchored by excerpts such as "at this this is China 2008 2008 basically China US Japan Europe their economies were about the same. But starting about 2008 wow look..."
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Topic Scope And Freshness
A transcript-matched topic anchored by excerpts such as "at this this is China 2008 2008 basically China US Japan Europe their economies were about the same. But starting about 2008 wow look..."
Key Notes
diagnosis
He says Chinese bank balance sheets are overloaded with hidden debt even though the public face of the economy looks futuristic and triumphant.
Timestamped Evidence
Transcript
"at this this is China 2008 2008 basically China US Japan Europe their economies were about the same. But starting about 2008 wow look..."
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Data
Transcript
"two billion dollars because we use the best materials we have the best technology but then the third company is a local beijing company..."
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"wall the amount of debt that each bank has is just crazy and who are they borrowing from the central"
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Relevant Lectures And Readings
Reading
Jiang defines Predictive History as a falsifiable method, then uses it to argue that Soleimani's killing made a U.S.-Iran war structurally inevitable, that eschatology is not prophecy but a strategic plan, that Odessa is...
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