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Tuesday, September 21, 2021

Debt problem may be catching up with China—Told you so.

 Evergrande Default Could Rock China’s Entire Economy: "China’s public debt already stands at 270 percent of GDP, and non-performing loans have hit $466.9 billion." https://www.theepochtimes.com/mkt_morningbrief/evergrande-default-could-rock-chinas-entire-economy_4000625.html

Below is the data I compiled several years ago. Notice CHINA ON THE BOTTOM ROW! Net Wealth Times Government Debt. 

See: WorldWealth101.com: https://www.worldwealth101.com/2019/01/real-government-debt-coverage-by-country.html

Calculated and estimated using available 2014 through 2017 data; in US Dollars (USD).



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