China's National Debt being Bigger Than that of the US How big a Risk?

Discussion in 'Stock Market' started by william the wie, Jul 7, 2019.

  1. william the wie
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    william the wie Gold Member

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    That China has been using multiple books for at least 2,000 years, has cheating down to a science. The problem is that there are many ways to compute national debts with State owned companies and state owned banks and bond sales too. The largest figure I've seen is $30 T and while other numbers are also defended I want to know what level of risk there is in China to my portfolio.
     
  2. Marion Morrison
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    Marion Morrison BANNED

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    You know way more about that stuff than me. What do you think?

    I'm looking at a stock based in Tiawan and just waiting for it to drop so I can buy in.
     
  3. william the wie
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    william the wie Gold Member

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    All I know for sure is that the current Legalist dynasty is doing only somewhat better, in percentage terms, than the Chin dynasty that gave China it's name 2,000 years ago. I also know that the flight from China is slowing rapidly because the brain drain was slowing growth. Thinking of China as CA on steroids is useful.
     
  4. progressive hunter
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    progressive hunter Gold Member

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    what no link???

    how do we know this is true???
     
  5. william the wie
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    william the wie Gold Member

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    Do you know what cooked books mean?
     

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