China debt at a record high that no one has ever seen before at record 237% of gross domestic product ... Beijing has also turned to massive lending to prop up their economy like we have been doing in the US for the last 7+ years. Everyone keep on cheering these good times because everything you see is just an illusion.....this well all end in another financial crisis on a scale that no one has ever witnessed before. How anyone can believe that spending trillions is the answer to prop up world economies will be proven wrong once the major world collapse comes about......this will not be able to sustain itself for much longer....if countries have to prop up their own economies to create the illusion of GDP advancement it should tell you something major is coming ...this is not the way an economy works...but who cares right. Just keep printing that worthless money..... http://www.cnbc.com/2016/04/24/fina...es-record-high-as-risk-to-economy-mounts.html
Right now China's growth is keeping equity markets up.... but I think it's akin to plugging holes in a leaky dam. Eventually, it will collapse (i.e. the equity markets). Big question is : when ?