Reality Check: How Fast is China Growing? Global Recession at Hand
MishTalk
MARCH 12, 2015
Debt matters - $30 Trillion – up $9 trillion since 2008 Debt is 200-300% of GDP counting Shadow Banks. China''s total debt has sprouted from 153 percent of gross domestic product in 2008 to 282 percent today. per cent in 2016, the first time the IMF forecast lower growth in China than in India for decades. That’s the new topic.
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