China's Debt Problem Is About To Become A Crisis

Read..This news is from warnewsupdates ....enjoy

NOW THE NEWS IN FULL.....

Jan 10th 2016, 01:00

Jim Edwards, Business Insider: How China accumulated $28 trillion in debt in such a short time

Bank of America Merrill Lynch became the most recent financial institution to start sounding scared about China's debt.

While no one is panicking just yet, there sure are an increasing number of people — including analysts at UBS and Macquarie — who are talking about when it might be appropriate to consider panicking.

To recap, China's total debt is about $28 trillion, or roughly half the world's entire debt.

WNU Editor: China's economy has been the engine that has been driving the global economy for the past few years .... now we know how they have been able to do it. With the Chinese economy cooling down the repercussions from all of this debt are going to be severe .... commodity prices, currency stability, interest rates .... they are all going to be impacted. Bottom line .... the boom times are almost over.

KEEP SCROLLING TO THE END ...WE STILL GOT LOTS MORE .......

Revenge is a Poison meant for others, which we end up swallowing ourselves. Vengence is a Dark Light that blinds all who seek it. Don’t argue with Idiots.. They will bring you down to their level and beat you with experience.

Source : http://www.coolnsmart.com/wise_quotes/

~~unsubscribe from this feed,~~

China's Debt Problem Is About To Become A Crisis

NOW THE NEWS IN FULL.....

KEEP SCROLLING TO THE END ...WE STILL GOT LOTS MORE .......

Message from The Editor: Hello peeps! . We do hope that you will come back for more . This is only the beginning!!

0 Response to "China's Debt Problem Is About To Become A Crisis"