If I am right, China's debt-to-GDP ratio will likely increase by even more next year than the 11 percentage point increases in 2024 and 2025, and China's trade surplus will remain as high as ever or even higher.
None of this is likely to make the eventual adjustment any easier.
If I am right, China's debt-to-GDP ratio will likely increase by even more next year than the 11 percentage point increases in 2024 and 2025, and China's trade surplus will remain as high as ever or even higher.
None of this is likely to make the eventual adjustment any easier.
Because if they decide to issue 180 trillion in bonds at 14% fixed interest your chart may explode.
Never mind what that would do to inflation.
russia’s entire M2 money supply has tripled in the last 9 years, and is still only 123 trillion.
Because if they decide to issue 180 trillion in bonds at 14% fixed interest your chart may explode.
Never mind what that would do to inflation.
russia’s entire M2 money supply has tripled in the last 9 years, and is still only 123 trillion.