Re:China Can’t Sustain Its Debt-Fueled Binge, Moody’s Says
by ryandamm on Thursday May 25, 2017 @01:11PM
(#14418601)
Everything exponential is ultimately unsustainable.
The value of these analyses is they try to plumb the limits of the model; there was a substantial sea change in how China's economy operates ~2008-9, with a shift towards massive debt growth. That's inherently less sustainable, particularly because the rate of debt growth is climbing.
The value of these analyses is they try to plumb the limits of the model; there was a substantial sea change in how China's economy operates ~2008-9, with a shift towards massive debt growth. That's inherently less sustainable, particularly because the rate of debt growth is climbing.