Article

2020-04-14 China-Japan-Koreas

China's US$1 trillion consumer loan bubble is bursting as army of borrowers flinch under pandemic strain

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Posted by g(r)omgoru 2020-04-14 11:31|| || Front Page|| [7 views ] Top
File under: Commies

#1 China has a shit-ton of bad loans out there. It was the only way to keep the economy growing at the rate the CCP wanted. One day, they would come home to roost and the less money China has to paper it over, the sooner it happens.

Posted by DarthVader 2020-04-14 11:36|| 2020-04-14 11:36|| Front Page Top

#2 Goody.

Posted by Woodrow 2020-04-14 14:13|| 2020-04-14 14:13|| Front Page Top

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