Beijing House Organ: Zero Rates Coming To Red Ponzi Because It’s Smothered In Debt

China’s public and household debts are at their highest historical levels.  Overall, China’s debt to GDP is fast approaching an unprecedented 320%!….”Mounting debts and the financing problems in the real economy will promote China to a zero rate condition….”

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https://www.zerohedge.com/crypto/chinese-media-stunner-china-will-be-next-country-cut-rates-zero

 

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