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31-10-2018, 11:50 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
Rickards: Debt Bomb Ready to Explode (https://dailyreckoning.com/rickards-debt-bomb-ready-to-explode/)
The great Chinese growth slowdown has been proceeding in stages for the past two years. The reason is simple. Much of China’s “growth” (about 25% of the total) has consisted of wasted infrastructure investment in ghost cities and white elephant transportation infrastructure.
That investment was financed with debt that now cannot be repaid. This was fine...
China Debt Bomb Ready to Explode As HK Housing Devalues By 20%! (https://www.sammyboy.com/threads/china-debt-bomb-ready-to-explode-as-hk-housing-devalues-by-20.260689/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/china-debt-bomb-ready-to-explode-as-hk-housing-devalues-by-20.260689/).
Rickards: Debt Bomb Ready to Explode (https://dailyreckoning.com/rickards-debt-bomb-ready-to-explode/)
The great Chinese growth slowdown has been proceeding in stages for the past two years. The reason is simple. Much of China’s “growth” (about 25% of the total) has consisted of wasted infrastructure investment in ghost cities and white elephant transportation infrastructure.
That investment was financed with debt that now cannot be repaid. This was fine...
China Debt Bomb Ready to Explode As HK Housing Devalues By 20%! (https://www.sammyboy.com/threads/china-debt-bomb-ready-to-explode-as-hk-housing-devalues-by-20.260689/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/china-debt-bomb-ready-to-explode-as-hk-housing-devalues-by-20.260689/).