China’s Cost To Avoid The Dreaded Working Class Revolution: A Record CNY11.1 Trillion, And Rising
by Tyler Durden
ZeroHedge.com
12/22/2015
As we have also explained repeatedly, the problem with China’s debt load is that while it was China’s historic leveraging spree in the years of the great financial crisis, the world’s most populous nation, where debt has been rising exponentially, appears to be approaching its debt capacity load, and as such when the developed (and emerging) world slides into its next recession, there will be no “growth dynamo” which can add trillions in new debt to kick start world growth once more.
The Rest…HERE