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    China’s Debt BLACK HOLE

    By CDM Staff
    June 4, 2023
    3 Comments

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    China is sitting on a bomb that's about to explode. And it's so massive, it could leave a black hole in its wake. China's local governments have accumulated massive amounts of debt. And there doesn't seem to be an easy solution to getting them out.

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    CDM Staff

    The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
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    3 Comments
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    Promariner

    The US and Western countries spent beyond their means, as well.
    All to buy votes

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    listener

    China dares not invade the US, else all their investment in treasury bills will be worthless.

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    justin.trudeau@parl.gc.c

    China spends like Canadian Liberals, with deficit spending.

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