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RE: LeoThread 2025-02-19 12:07

in LeoFinance8 months ago

Part 5/11:

The depth of China’s financial dilemma extends beyond real estate; its total debt, both public and private, exceeds 300% of GDP. In simpler terms, for every dollar produced by China’s economy, it owes three. Not only is this alarming, but it has surged from 150% in 2008, indicating that the reliance on debt has significantly escalated over the past 12 years.