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. Orange and lemon groves turn to useless, vacant housing Property 20% of GDP and tracking negative (sales and pricing). China''s total debt has sprouted from 153 percent of gross domestic product in 2008 to 282 percent today.
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