China can’t afford to lose war on debt
China’s mounting pile of debt frequently evokes “tsunami” or “Titanic” metaphors. But the country’s financial problems are very real and the result of unrelenting credit creation since the Great Financial Crisis of 2008.
As the International Monetary Fund put it in a report early this year:
“International experience suggests that China’s credit growth is on a dangerous trajectory, with increasing risks of a disruptive adjustment and/or a marked growth slowdown.”
http://www.atimes.com/article/china-cant-afford-to-lose-war-on-debt/
2008 America SUPER QE force whole world to do the same shit because they wanna stable the exchange rate...
回覆刪除At least chinese is not only playing the virtual digit stock market like USA...
chinese with Export,Estate,Infrastructure...AI and Rare earth