Projection of #China's #LocalDebt Explosion: The Time Is 2024
#Moody's just cut its outlook on China's credit ratings to negative from stable today, citing the local government debt crisis.
But the billion-dollar question is: when exactly will it break out, and is there a more accurate point in time?
Believe it or not, I actually offered an answer to this billion-dollar question!
#ChineseEconomy #economy #FinancialCrisis #CCP #CCPChina
www.fotavgeia.blogspot.com
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