BoE warns of surging debt...

[DimPrawn]

Bank of England warns how surging debt in China is putting the world economy at risk | Daily Mail Online


....in China.


Oh the ironing!

[BrilloPad]

BoE should keep its nose out of China's business.

If the UK is too dependent on them then take steps to remove that dependence.

[TwoWolves]

We've all been bad but China has been creating debt four times faster than the US - for years.

[Lance]

BoE should keep its nose out of China's business.

If the UK is too dependent on them then take steps to remove that dependence.

It's not that we're dependant on China.
It's that China is the second largest economy and has been driving growth around the world for several decades.

There used to be a saying that if the US sneezes the world catches a cold. Same story different country.
An EU slowdown will (and did) have the same effect.