📊 China is increasing its debt.

From November 4 to 8, the disclosure of information on fiscal stimulus in China is expected. It is expected that Chinese provinces already have debts of more than $800,000,000,000 💸, and there is a high probability of defaults.

All this will ultimately lead to an increase in inflation 📈, since China will have to stimulate these debts from the federal budget. The growth of inflation is equal to the growth of the cryptocurrency market.

Overall, the news is positive for the crypto market 🐂