“Wha? Public debt in China? Don’t they have trillions and trillions of foreign exchange reserves? Well, yes, but… As Northwestern Professor Victor Shih has been arguing, city and state debt is substantial — so, substantial, in fact that a bailout of these regional governments could require a bailout that uses much of the country’s forex”Everyone’s Waking Up To China’s HUGE Public-Sector Debt
My name is Tyler Fonda and I'm thinking, reading, listening and looking. This blog is the output of those inputs.
