Commodity Trade Mantra

Posts Tagged ‘World GDP’

China’s Monumental Debt Trap: Why It Will Rock The Global Economy

China is caught in a monumental debt trap. There will undoubtedly be a long series of cuts before China sweats out its hangover from a $26 trillion credit boom. Debt has risen from 100pc to 250pc of GDP in eight years. It means that China is the New Greece—-but one sporting 40X more GDP and 70X more debt.

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