Modern economy is driven by debt, grow by interest
Amount of debt can't indicate failure
How one utilise the loan is more of a concern
Great fall of China on cards say economists, $35 trillion debt for 1.3 billion people
Great fall of China on cards say economists, $35 trillion debt for 1.3 billion people
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Jul 30 2016, 01:34 PM
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Junior Member
92 posts Joined: Oct 2012 |
Modern economy is driven by debt, grow by interest
Amount of debt can't indicate failure How one utilise the loan is more of a concern |
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Jul 30 2016, 02:19 PM
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Junior Member
578 posts Joined: Jan 2011 From: Probably Mars |
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Jul 30 2016, 02:22 PM
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Senior Member
5,358 posts Joined: Apr 2005 From: KUL-BKK |
Australia, look at ur own self pls.
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Jul 30 2016, 02:25 PM
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Senior Member
1,862 posts Joined: May 2013 |
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Aug 1 2016, 12:34 AM
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Newbie
0 posts Joined: Jul 2016 |
Early bubble burst
QUOTE state-owned credit guarantee company became technically insolvent QUOTE 11 trust companies petitioned the government to act before the crisis triggered a public panic. Read more https://forum.lowyat.net/index.php?showtopic=4017181 |
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Aug 1 2016, 12:42 AM
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All Stars
14,033 posts Joined: Jan 2003 |
US debt around 19 trillion, China around 5.27 trillion usd
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Aug 1 2016, 01:07 AM
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Newbie
0 posts Joined: Jul 2016 |
QUOTE(mitodna @ Aug 1 2016, 12:42 AM) Old data in 2015:China's overall non-financial debt grew by 15.2 per cent in 2015 to RMB 167 trillion or almost 250 per cent of gross domestic product (GDP). Credit: http://www.abc.net.au/news/2016-05-24/chin...me-bomb/7439844 I check Google currency convertor just now that RMB 167 trillion = USD 25.15 trillion. As reported in many news, China debt growth even more in year 2016. |
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Aug 1 2016, 01:26 AM
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Junior Member
57 posts Joined: Jan 2015 |
Procreate more human with engineering
Problem solve |
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Aug 1 2016, 06:52 PM
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Newbie
0 posts Joined: Jul 2016 |
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