Breaking: Yesterday in Henan province, another real estate developer is about to collapse. China’s rea estate economy is imploding 🚨Banks are being stuck with mortgages because the loan securitization market is closed, nobody wants their bundles of packaged mortgages.

Breaking: Yesterday in Henan province, another real estate developer is about to collapse. China's rea estate economy is imploding 🚨

Banks are being stuck with mortgages because the loan securitization market is closed, nobody wants their bundles of packaged mortgages.

🔊sound pic.twitter.com/HuQQpM4HhS

— Wall Street Silver (@WallStreetSilv) August 10, 2022