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Global markets are panicking. China’s massive debt bomb is finally exploding, and foreign investors are fleeing in droves. Trillions of dollars are at stake, currencies are wobbling, and stock markets are sliding. And the ripple effects? They’re shaking financial systems from Wall Street to Frankfurt to Tokyo. This isn't some slow-motion crisis; it’s happening right now, and the fallout is just beginning. What caused China’s once-mighty financial engine to spiral into a ticking time bomb? Why are some of the world’s biggest investors pulling out faster than they did during the 2008 crash? Could this be the moment that finally tips the global economy into a full-scale recession? To understand how we got here, we need to rewind and take a hard look at the fragile foundation China’s debt was built on.