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Kenz300 x
China Observer
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Comments by "Kenz300 x" (@KJSvitko) on "China’s Local Debt Crisis, 8.18 Trillion USD Debt Balance, 70% Local Governments May Bankrupt" video.
China's GDP is an illusion. It is a PONZI scheme built on increasing debt. You can not believe any numbers coming from the government or businesses in China.The economy has been declining for over 10 years. CCP policies have destroyed the market economy and replaced it with a planned economy with state owned businesses. Foreign investors and foreign companies are reducing their risks and leaving China.
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