Comments by "" (@thomasherrin6798) on "Companies Flee China | China’s Debt Crisis Deepens | Mixed Economic News | Macau" video.

  1. There is excessive inventory in the property sector about 17.5 years worth, there is also 7 years worth of problems in unbuilt homes which have been paid for which has not been resolved (An 8 Trillion USD problem approx ). The Central Government bond stimulus is also debt and Local Governments are attempting to squeeze money out of their citizens by any means possible which will affect domestic consumption. There is a big disconnect with where the Number 2 economy should "actually" be to where it "wants" to be, that is the biggest problem, I suspect its GDP is somewhere in the 10 to 13 Trillion USD mark without all the debt fuelling the economy!?!
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  2. ​ @mulinzhan4167  Yes it's better to get half your money out than none, why are they leaving, well before too long it looks like they (The Middle Class outside the CCP) are going to donate to the sovereign wealth fund!?!
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  3. Well don't say it out loud but it's the Chinese Citizens by way of the CCP, like it always has been, mind to be fair they did pay their way until 2008!?!
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  4. Xi has not only driven out foreign investors he has decimated China's big businesses which were out of sync with the CCP doctrine, they are fully on board now (After some re-education) but the industries are far less international and far less profitable. The West should impose on China the same rules as it imposes on them!?!
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  5. ​ @DK-ev9dg  Exactly what are they focused on? it's more debt to fund the debt to keep non productive infrastructure development funded, it seems like they are chasing their tails, but at the end of the day, someone has to pay when it all stops!?!
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  6. He shouldn't be put in charge of anything, your Nephew will have to read a 600 page "Thoughts of Chairman Xi New World Lego Order" before he can play, he wouldn't be very happy with his Uncle!?!
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  7. I think it's technical speak that it is going in the expected direction, it's showing signs that it's not going up in other words and hasn't stopped yet, that's because none of its systemic problems have been sorted out yet, they are just chucking more money at it at present in the hope that something will turn up, it's not a good strategy!?!
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  8. They invested the money in infrastructure which will give them little return and borrowed heavily and now they are making up shortfalls with more debt or from the central government stimulus(Who are also borrowing the debt), the poor Chinese savers!?!
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  9. The issuing of bonds to cover debt can be listed under "Good Money after Bad" the Chinese Citizens will pay so no problem for the CCP!?!
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  10. Read - Return to 75% of their money laundering after strict controls eased!?!
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