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Well, the debt didn't just magically pile up in the last two years - it's just reaching alarming levels in tough times for the country (deleveraging, trade war,
by zeusk 8y ago
Well, the debt didn't just magically pile up in the last two years - it's just reaching alarming levels in tough times for the country (deleveraging, trade war, worsening international relations).
- qubax 8y agoI know. China was asked to increase their debt during the financial crisis. John Paulson flew there directly to ask them to leverage. I'm just pointing out the pathetic chicken little clickbaiting by bloomberg. As I said, it isn't news. It's just nonsense they created to sell you ads.
- zeusk 8y agoBloomberg's main source of income isn't ads, in fact they don't even have an anti-adblock script. They mainly make money from data feeds of financial markets and their terminal offering.