Love Yellow Yellow Yellow Yellow Capital's Hope You're Well. So we've got more news out of China and what it's revealing now is that they are going down the path to possibly the unthinkable and I almost titled this video,

China goes into a 1930s style Great Depression.

And you'll see exactly what I'm referring to in just a moment. I actually want to highlight something that I see in the comments right now in the live stream chat from a Sid Luscious.

Oh, fantastic username first and foremost.

But Sid, assuming this is a gentleman,

says China dumped treasuries last night massively yeah so you

got to ask why and I think Brent Johnson my good buddy nails this he says when China

especially recently has been selling treasuries it's not from a position of

strength it's from a position of weakness why they need dollars any dollars on that

note let's get right over to our first story and this is

I'm not sure where Josh got this but I wanted to point out your title it it looks like a Reuters deal or something.

China's cash squeezed country garden faces another dollar coupon deadline.

Okay, so let's just set up kind of what we're dealing with here.

The $500 million, this is just one of the loans they owe.

This is not even close to everything. I mean they owe like 180 billion dollars or something like that.

But it's just one of these that I think is due today. Yes, I believe this is due today. So we'll have to see, oh actually let me read this here. I think it it says

exactly what's going on. The $500 million, $6.15

bond matures September 2025.

That's when it matures.

The coupon payment had not been received

by late afternoon on Monday.

So this would be Monday their time because they're,

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