+- SG Talk (https://sgtalk.net)
+-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk)
+--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk)
+--- Thread: China household debt exceeds US for the first time (/Thread-China-household-debt-exceeds-US-for-the-first-time)
China household debt exceeds US for the first time - sgbuffett - 13-06-2023
RE: China household debt exceeds US for the first time - ROFLMAO - 13-06-2023
Worst thing is the Chinese debt are non-recourse on a depreciating asset.. Now everyone in China are having negative equity ..dampening any spending to stimulate economy...this is a debt trap spiraling into a rabbit hole.
RE: China household debt exceeds US for the first time - Purikura - 01-11-2023
China economy already got destroyed by the ccp cult. Their economy is in the shitters right now.
Ah tiongs are becoming poorer than before. Soon will be worse than north koreans.
RE: China household debt exceeds US for the first time - Omnipresent88 - 01-11-2023
To Pukimak ahbutt and all amdk arse lickers stooge’s your grandparents teach you all well 72 types style and pattern sucking amdk cocks cheo kau peng