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Chinese Debt
- Thread starter dealmaker
- Start date
As long as $US debt is in dollars there is no problem. Is there a limit to the nonsenses posted on ET?as long as debt is in rmb
There is no problem
World debt
Global debt surged to a record $250 trillion in the first half of 2019, led by the US and China
https://www.cnbc.com/2019/11/15/glo...rst-half-of-2019-led-by-the-us-and-china.html
Global debt surged to a record $250 trillion in the first half of 2019, led by the US and China
https://www.cnbc.com/2019/11/15/glo...rst-half-of-2019-led-by-the-us-and-china.html
as long as debt is in rmb
There is no problem
all this worry about debt is misguided... ruins rarely repeat for the same reason... 2008 was debt, the system didn't get killed and got stronger... stress test and all... and the CBs now are getting good on how to paper over everything in orderly manner.... what's the worst case, in China's scenario the CB can just paper over and nationalize whatever and dilute... the country has one of the highest savings rate.. no issue.
the next black swan probably won't be debt.... global ice age, some meteo gonna hit the earth... yellowstone super volcano... some super bug spreading across continents..some nut job detonated a nuke.. that type of thing that people are not prepared for.
Yep no worries more spending being approved this week
The House aims to approve the $1.4 trillion spending measures Tuesday afternoon, less than 24 hours after lawmakers released them. Congress needs to pass 12 appropriations bills — split into two packages — by Friday to avoid a shutdown.
The House aims to approve the $1.4 trillion spending measures Tuesday afternoon, less than 24 hours after lawmakers released them. Congress needs to pass 12 appropriations bills — split into two packages — by Friday to avoid a shutdown.
Yep no worries more spending being approved this week
The House aims to approve the $1.4 trillion spending measures Tuesday afternoon, less than 24 hours after lawmakers released them. Congress needs to pass 12 appropriations bills — split into two packages — by Friday to avoid a shutdown.
Take a rest; Come back in 2020.
As long as $US debt is in dollars there is no problem. Is there a limit to the nonsenses posted on ET?
the central bank can print, even not on physical papers, but assign a few more 0's attached to the debt. the m2 of chinese rmb has climbed close to 200 Trillion, it was 150Trillion a few years back. do you think chinese economy will collapse when m2 goes up to 500 trillion, which it will go to that anyway possibly in 15 years.
all this worry about debt is misguided... ruins rarely repeat for the same reason... 2008 was debt, the system didn't get killed and got stronger... stress test and all... and the CBs now are getting good on how to paper over everything in orderly manner.... what's the worst case, in China's scenario the CB can just paper over and nationalize whatever and dilute... the country has one of the highest savings rate.. no issue.
the next black swan probably won't be debt.... global ice age, some meteo gonna hit the earth... yellowstone super volcano... some super bug spreading across continents..some nut job detonated a nuke.. that type of thing that people are not prepared for.
Yep no worries more spending being approved this week
The House aims to approve the $1.4 trillion spending measures Tuesday afternoon, less than 24 hours after lawmakers released them. Congress needs to pass 12 appropriations bills — split into two packages — by Friday to avoid a shutdown.
Yep just as I thought
Approved
House passes $1.4 trillion spending plan to prevent shutdown, sending it to Senate