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Note that when they exclude China, that has predominantly domestic debt as opposed to external, it doesn't look nearly as bad.
by lottin 7y ago
Note that when they exclude China, that has predominantly domestic debt as opposed to external, it doesn't look nearly as bad.
- onlyrealcuzzo 7y agoWell, they said emerging countries debt is raising nearly as fast as China's (which is up 72 points since 2008). I wonder who has the most exposure to this debt. My understanding is that a lot of foreign emerging debt is owned by China.