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Last Chang
Bloomberg Television
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Comments by "Last Chang" (@lastChang) on "Moody’s Cuts Outlook for Chinese Banks, Hong Kong, LGFVs" 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 already highest in the world, at 300%, according to Bloomberg.
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