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Frostie-Flake
Patrick Boyle
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Comments by "Frostie-Flake" (@PlanetFrosty) on "China's International Debt Crisis" video.
China’s shipbuilding and other steel intensive projects is draining resources and heavily subsidizes with no hope of return on government ROI. This reflection will not even show political return. B&R’s issues are heavily focused on Chinese nationals in the B&R projects irritating participants. All Chinese debt, including personal, has been hypothecated up to 10 times by a traditional Chinese accounts receivable used a payment passed on up to 10 times. Estimates by some put this hypothecated debt from all sources at $126 Trillion. China is DOA very likely.
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