How Deep a hole is China in?

[william the wie]

Its actual GDP is indeterminate because of its gray and black markets are either of indeterminate size or run by the government. (Analog addictive drugs are expensive to develop but they tend to be highly profitable until banned. The government funds the R&D and uses the triads for sales and distribution. There probably are other government run black markets. But this one came into the light when a huge rip-off and execution of Chinese dealers happened in Indo-China only to be followed up with large numbers of heavily armed Chinese secret police to secure the Mekong River. They are still there at last report I heard.) Then there are a whole lot of black/gray markets that the government stays out of if the gangsters do not interfere with government objectives.

Those gray/black markets are the major reason for the disconnect between calculated and PPP GDP. So there is a calculated four GDPs of debt supporting GDP but which GDP is so off the wall in leverage? Shadow banking is another problem.

Capital flight is big time too and growing exponentially.

So, what is China's exit strategy?

 

[Moonglow]

Its actual GDP is indeterminate because of its gray and black markets are either of indeterminate size or run by the government. (Analog addictive drugs are expensive to develop but they tend to be highly profitable until banned. The government funds the R&D and uses the triads for sales and distribution. There probably are other government run black markets. But this one came into the light when a huge rip-off and execution of Chinese dealers happened in Indo-China only to be followed up with large numbers of heavily armed Chinese secret police to secure the Mekong River. They are still there at last report I heard.) Then there are a whole lot of black/gray markets that the government stays out of if the gangsters do not interfere with government objectives.

Those gray/black markets are the major reason for the disconnect between calculated and PPP GDP. So there is a calculated four GDPs of debt supporting GDP but which GDP is so off the wall in leverage? Shadow banking is another problem.

Capital flight is big time too and growing exponentially.

So, what is China's exit strategy?

Get Trump to produce more products for import to US for Trump Enterprises..