Comments by "Last Chang" (@lastChang) on "South Africa Budget: Debt Will Peak at 75.3% GDP" video.

  1. South Africa's debt is still much better than China 🇨🇳. China has been a money-printing machine on overdrive. During the years 1990-2021, the US printed 6.5 times more money while China printed 147 times. - It has printed more money than the US and Japan combined, while its economy is only half of them. - Current Chinese debt-to-gdp is already highest in the world, at 300%, according to Bloomberg. - With stimulus and measures, China's debt will be at 400% to 500% of its GDP in the next decade, according to Reuters.
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