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China Is Crashing. Credit Bubble, Financial and Industrial Bankruptcies, Debt and Bond Busts (Global Research)

par Global Research 10 Mars 2014, 15:10 China Economy Crash Bank Asset

China Is Crashing. Credit Bubble, Financial and Industrial Bankruptcies, Debt and Bond Busts  (Global Research)
China Is Crashing. Credit Bubble, Financial and Industrial Bankruptcies, Debt and Bond Busts

Global Research

The head of China’s sovereign wealth fund noted in 2009: “both China and America are addressing bubbles by creating more bubbles”.

He’s right …

Global credit excess is worse than before the 2008 crash.

The U.S. and Japan have been easing like crazy, but – as Zero Hedge notes – China has been much worse:

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