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KK C
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Comments by "KK C" (@k.k.c8670) on "China's Escalating Debt Crisis Sparks Concern Among Investors | Vantage with Palki Sharma" video.
Guangdong in debt distress???? Lol. Guangdong is the richest province in China with a GDP 2/3 of the entire India.
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Lol.. This channel is coming up with its own numbers.. China GDP 12T??? Please add another 7T to that.
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@dongshengdi773 try harder. China's economy is not like the US, which has all kinds of financial engineered 'products' in it.
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@dongshengdi773 lol.. 'Given China's high savings rate and lack of opportunities to channel this money into other financial assets, bank deposits have become the primary savings vehicle, giving rise to a high M2/GDP ratio. More deposits mean more bank loans, which constitute debt taken on by borrowing enterprises.'
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