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Re:American hard hat jobs have the highest level of open pos... by gruez on Sunday July 30, 2023 @09:38PM (#36937935)
I suspect that's an artifact of what counts as "corporate" debt in china. LGFVs[1] count as corporate debt, but are more accurately classified as government[1]. If you factor that out and reallocate that to government debt, and consider that the US has higher government debt as % of GDP than china, the two countries don't look too far off.

[1] https://en.wikipedia.org/wiki/Local_government_financing_veh...

Re:American hard hat jobs have the highest level of open pos... by vGPU on Monday July 31, 2023 @02:46AM (#36939503)
Great, so both are in horrible economic shape. What difference does it make?