Replies to post #29975 on The New CS Board

[jumanji0881]

China’s Lehman Moment Is Coming! : http://www.financialsense.com/andrew-zatlin/china-lehman-moment-is-coming

Excerpt:
China has more than quadrupled its debt load since 2007.

Just between 2007-2014, its debt exploded from $7 trillion to $28 trillion (simply incomprehensible numbers).

KEY TAKEAWAY: China’s economy has exploded thanks to trillions of debt and other means of fiscal stimulus. They’re doing their best to keep the trillions in bad loans from spiraling out of control. Yet, as you see, the more stimulus isn’t helping increase industrial production. Now, China has to dump all that excess capacity. This will lead to a serious deflationary spiral. Be wary.