China’s credit crisis is worsening:
New bank loans in China dropped -1.83 trillion yuan in 2025, or -10%, to 16.27 trillion yuan, the lowest since 2018.
This marks their 2nd consecutive annual decline.
China has been in an extended credit slowdown since early 2023, with the economy trapped in a deflationary spiral.
Weakness has been driven by sluggish demand from borrowers, as weak consumer confidence and declining business investment have eroded appetite for new debt.
China's 2008 moment is now.
BREAKING: Oil prices fall -1% and natural gas prices fall -4% as US futures markets open for the first time since President Maduro was captured.
Energy prices are DROPPING amid a major escalation in geopolitical tensions.
This should tell you all you need to know.