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Sounds familiar

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    Sounds familiar

    Strong China growth boosted by near £1 trillion of loans - Telegraph

    For the second year running, Chinese banks loaned out more money than the UK’s entire public debt. Their extraordinary largesse helped the Chinese economy maintain the near 10pc growth it has recorded each year, on average, for the last two decades.


    We worry about our debt and China lends it every year!

    Boomed!


    Anyone see where this is all headed?

    #2
    China bought Americas debt when it all went tulip, but who's going to buy Chinas when they're economy overheats ?
    Doing the needful since 1827

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      #3
      Originally posted by amcdonald View Post
      China bought Americas debt when it all went tulip, but who's going to buy Chinas when they're economy overheats ?
      What would you be buying if the Chinese stop selling?

      China prints money but they've got undervalued currency and if it falls in value they'll benefit from better exports...

      Comment


        #4
        Originally posted by amcdonald View Post
        China bought Americas debt when it all went tulip, but who's going to buy Chinas when they're economy overheats ?
        Perhaps America could buy China's debt by borrowing money from China?

        Then everyones happy.

        Comment


          #5
          I'm not that surprised. Last night I took out a Chinese loan, but then a couple of hours later I felt like I could do with another one.

          teehee!
          tl

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