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> The only issue I have is that he seems to think China's high debt is fine compared to the US based on vague reasoning. Do you have a source that lets us see
by nopinsight 8y ago
> The only issue I have is that he seems to think China's high debt is fine compared to the US based on vague reasoning.
Do you have a source that lets us see his quotes?
I would venture a guess that China's much higher saving rate has something to do with it. Their infrastructure investments are probably wasted at times but it seems much of them do help support further urbanization and economic development.
- nostrademons 8y agoHe self-published a book recently, available as a free PDF or E-book if you're willing to give up your e-mail address: https://www.principles.com/big-debt-crises/ https://www.principles.com/big-debt-crises/