Economy China's Debt has exceed 300% of GDP-- now 15% of global debt

[BarryDillon]

Story: corporate, household, govt debts in China = 303% of GDP

Jack: let's try to spin and defend China, for some weird fuckin reason. It's only 303%.

Of course a commie like @BarryDillon would like this post.

<puh-lease75>

 

[Last Samurai]

There was so much talk about America's debt and the amount of that that China owns, I had no idea China was in worse debt than us

How the fuck does a global economy work if everyone is in debt to everyone?

I've been asking myself that very same thing

I came across a funny tweet by james franco pertaining to this

"CNN just said the world is in a 317 trillion dollar debt.

Who the fuck do we owe money to? The decepticons????"

It makes no sense

Sometimes it feels like a giant scam