China's Decision: Corona Virus Or Financial Virus ?

Discussion in 'News, Current Events, and Politics' started by Pragmatist, Apr 5, 2020.

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  1. Pragmatist

    Pragmatist Master Survivalist
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    https://www.scmp.com/week-asia/opin...us-has-lit-fuse-time-bomb-chinas-economy-debt


    Good morning all,

    Per ...

    There's a little technical type info in article but well explained.

    China's problem is about the same as the problem here: the medical aspects versus the financial/economic aspects.

    Columnist Huang clearly explains what' going on: [re China] "Covid-19 will bring ... many long-simmering problems to the boil". Is this not the same going on in the US ?!

    Re "local government financing vehicles ... hidden debt"; Here also.

    ......

    Prep for the long haul !

    Time to wash hands and find something else to worry about.........
     
    TMT Tactical likes this.
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