China household debt exceeds US for the first time
#2

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.

Laughter-13  Laughter-13

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Messages In This Thread
China household debt exceeds US for the first time - by sgbuffett - 13-06-2023, 07:55 AM
RE: China household debt exceeds US for the first time - by ROFLMAO - 13-06-2023, 09:56 AM
RE: China household debt exceeds US for the first time - by Purikura - 01-11-2023, 06:33 PM
RE: China household debt exceeds US for the first time - by Omnipresent88 - 01-11-2023, 06:59 PM
RE: China household debt exceeds US for the first time - by WhatDoYouThink! - 01-11-2023, 07:11 PM
RE: China household debt exceeds US for the first time - by Niubee - 01-11-2023, 07:16 PM
RE: China household debt exceeds US for the first time - by talky - 01-11-2023, 07:54 PM

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