SG Talk

Their bond debt will kill them if rate is rising.
0.5% bond rate already cost them 50% of GDP.
How to sustain?
Nua for 3 decades, 回光返照是没有鸟用。
Japan QE more than 10x already.

In order not to lose face, they may start ww3.

(14-02-2024, 01:30 PM)Alice Alicia Wrote: [ -> ]In order not to lose face, they may start ww3.

Did you see China preparing  for it?
这次一定要把他干扒，不再给他机会。

According to World Bank Data,  HK, Macao and China's private sector has borrowed so much money from the banks.  Credits are short term loans such as credit cards and are worse than debts because they attract higher interest costs.   What if the Bank rates go up?

They will be working for the banks for a very long time. Japan lost almost 3 decades. The other way is for the banks to go down. Write off all the credits and debts.