Print Page - It's me AGAIN

Title: It's me AGAIN
Post by: Mackin USA on August 20, 2018, 01:45:29 PM

http://www.usdebtclock.org/world-debt-clock.html

Title: Re: It's me AGAIN
Post by: buckworks on August 20, 2018, 02:48:55 PM

What could possibly go wrong?

Title: Re: It's me AGAIN
Post by: Rupert 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....

Title: Re: It's me AGAIN
Post by: aaron 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

Title: Re: It's me AGAIN
Post by: littleman 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? (https://www.youtube.com/watch?v=TiTDU8MZRYw)
Are NEW Chinese buildings really FALLING DOWN? (https://www.youtube.com/watch?v=XopSDJq6w8E)

You all remember when conservative meant you cared about debt?

The Core

Why We Are Here => Economics & Investing => Topic started by: Mackin USA on August 20, 2018, 01:45:29 PM