Re:Japan still has great influence on global financial markets
by prewett on Friday August 03, 2018 @08:13PM
(#17684573)
Can you give more details on why you think China's debt is a problem? I've been hearing about it for several years, but as far as I can tell from the numbers, it is about the same level as Japan (Japan's debt is 253% of GDP, China's is 260% of GDP), and Japan doesn't even look like it is beginning to fail. And China appears to be actively taking steps to curtail the debt.
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Re:Japan still has great influence on global financial markets
by joefranklinsrs on Friday August 03, 2018 @08:37PM
(#17684693)
Sure, keep an eye on shadow debt (10T - 20T), not included in official figures. It is what is crushing the small enterprises, builders, and manufacturers in China right now.