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fromtheuk

08/10/22 6:25 AM

#1032 RE: ernie44 #1031

Chinas debt is a LOT higher than that. National debt is actually not that bad ( 45% GDP ), but thats mostly to do with the way its calculated.

Regional Debt tends to be lumped in with Corporations and the Corporations themselves are heavily indebted and many are going to have problems. Household debt is also pretty high.

Once the Nation takes control rather than just let them fail, thats where it will all start to go very wrong.

http://fingfx.thomsonreuters.com/gfx/rngs/CHINA-DEBT-HOUSEHOLD/010030H712Q/index.html

China has relied on double digit growth to keep ahead of its debt bubble. Those days are now gone.

ernie44

10/30/22 9:07 PM

#1033 RE: ernie44 #1031

skull and bones, the Illuminati-eye, and the Bilderbergs ----are all under the bridge

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