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Last Chang
Bloomberg Television
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Comments by "Last Chang" (@lastChang) on "China May Allow Banks to Offer Unsecured Loans to Builders" video.
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 highest in the world, at 300%, according to Bloomberg. With recent stimulus and measure, China will be by far the most indebted country in the world, probably at 350%.
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