Author Topic: It's me AGAIN  (Read 229 times)

Mackin USA

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It's me AGAIN
« on: August 20, 2018, 01:45:29 PM »
Mr. Mackin

buckworks

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Re: It's me AGAIN
« Reply #1 on: August 20, 2018, 02:48:55 PM »
What could possibly go wrong?

Rupert

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Re: It's me AGAIN
« Reply #2 on: August 20, 2018, 03:14:10 PM »
Shame Greece is not on the list too. Gets all of the P.I.G.S.

Spain does not look SO bad....
... Make sure you live before you die.

aaron

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Re: It's me AGAIN
« Reply #3 on: August 20, 2018, 07:14:27 PM »
Some of those stats are exceptionally deceiving. China's position is nowhere near as strong as that headline figure would let on, as much of their debts are stuffed in SOEs & local governments & then recycled around a shadow banking system over $10 trillion in size.

https://www.scmp.com/news/china/economy/article/2142365/imf-warns-shadow-banking-poses-high-risk-chinas-financial
https://www.bis.org/publ/work701.htm
https://www.bloomberg.com/news/articles/2018-06-07/a-guide-to-china-s-10-trillion-shadow-banking-maze-quicktake

littleman

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Re: It's me AGAIN
« Reply #4 on: August 20, 2018, 09:13:27 PM »
Yeah, you can't really trust the Chinese debt at all.

Lots of smoke amd mirrors...
Why are there dozens of 'ghost cities' in China?
Are NEW Chinese buildings really FALLING DOWN?


You all remember when conservative meant you cared about debt?