Re:U.S. stock market returns – a history from the 1870s to 2022
by DiogenesKynikos on Friday January 06, 2023 @11:34PM
(#34285232)
On debt, you're not comparing apples to apples. Chinese national debt is relatively low: around 70% of GDP.
I don't know how you're getting to 270%, but I suspect you're lumping together all public and private debts in China, including by private companies and households. In particular, it sounds like you're quoting something like total credit to the non-financial sector. Total debt to GDP in China is not that different from the US.
I don't know how you're getting to 270%, but I suspect you're lumping together all public and private debts in China, including by private companies and households. In particular, it sounds like you're quoting something like total credit to the non-financial sector. Total debt to GDP in China is not that different from the US.