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China's Debt Surpasses Europe For The First Time (www.zerohedge.com)

posted 70 days ago by seernewday 70 days ago by seernewday +46 / -0

China's Debt Surpasses Europe For The First Time

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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– seernewday [S] 4 points 70 days ago +4 / -0

China’s surge in debt was driven by credit expansion, infrastructure spending, and state-backed growth.

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– ILoveIvermectin 2 points 70 days ago +2 / -0

Not bailouts to billionaires or entitlement fraud.

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– Qlueless 1 point 70 days ago +1 / -0

Nah, to buildings, dams, and bridges that are crumbling.

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