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  • IMF tells China: Fix your debt problem now

    From cnn.com

    China needs to tackle its corporate debt problem before it spirals out of control. That's the message from the International Monetary Fund, which warned China about its debt levels on Friday. "China's medium term outlook is clouding because of high and rising corporate debt," said James Daniel, IMF's mission chief in China. He said the world's second biggest economy must "urgently address the problem." At $25 trillion, China's debt stands at about 254% of GDP, according to data from the Bank for International Settlements. Even though that's high, it's actually pretty close to some other indebted countries in the ... (full story)

More IMF dribble.

YOUR (whoever is reading this) GDP, is your income. It is what you earn when you get paid for your efforts.

From YOUR GDP, you pay your debts and cost of living, and after that you have surplus or an accumulated debt.

As the article says, the USA and China have similar GDP to debt ratios.

BUT what it does NOT say is that the USA racked up its National debt thru WAR, and the slaughter of hundreds of thousand so of civilians thru WAR.

Whereas China has racked up its National debt thru INFRASTRUCTURE spending.

The IMF?

Get fucked and try and organize that piss-up in the brewery.

IMF? Fail.
What is funny is this yet they don't acknowledge it:

federal unfunded liabilities are estimated at near $127 trillion, which is roughly $1.1 million per taxpayer
I wonder how did Bank for International Settlements having different data from other sites. Anyone can advise?

http://www.statista.com/statistics/268177/countries-with-the-highest-public-debt/

http://www.tradingeconomics.com/country-list/government-debt-to-gdp
The only winner is the one who survive the longest...
China’s only response will be to continue sending their paid lackeys to this website and others, to post the propaganda their esteemed communist leaders prefer. The job seems to attract would be gurus who have failed at trading and life in the Western world.

http://qz.com/311832/hacked-emails-reveal-chinas-elaborate-and-absurd-internet-propaganda-machine/

http://foreignpolicy.com/2016/05/19/meet-the-chinese-internet-trolls-pumping-488-million-posts-harvard-stanford-ucsd-research/

http://foreignpolicy.com/2015/07/21/why-chinas-propagandists-love-the-internet/

http://www.firstmonday.dk/ojs/index.php/fm/article/view/876/785

https://en.wikipedia.org/wiki/50_Cent_Party
Yes maybe IMF should ask them to pay in USD seems they appear to have more of this oil backed fiat paper then the US Govt and sending home US treasuries will create a some nice volatility for the bears what the IMF may have noticed that the balance of payments deficit I think it was last one I saw was June pretty much matched their spend on gold and every body knows they are buying miners and silver as well !!!
Hi Phil,
how can i contact you ? i would like to ask you a question in private .
thanks Kevin

Quoting dancingphil
More IMF dribble. YOUR (whoever is reading this) GDP, is your income. It is what you earn when you get paid for your ...
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  • Posted: Aug 12, 2016 4:10pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 6  /  Views: 5,565