China’s Great Wall Of Debt
- Thread starter Battle of Bach Dang River
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I will be objective with objective Turkish posters. That said ...
National wealth - Wikipedia, the free encyclopedia
China: 21,404
SG + TW + HK: 5515
Turkey: 1,061
China does not have 21x Turkey's population.
List of countries by life expectancy - Wikipedia, the free encyclopedia
China: 76
Turkey: 74.4
World Intellectual Property Indicators - Wikipedia, the free encyclopedia
Turkey isn't even on the list. Crushed by South Korea and even Taiwan.
Swarthy apes would do well to keep their comments on "third world" and "paper tiger" in their own imported language.
atatwolf
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I don't get why you call Turkey a third world country. We don't have any problems like malnourishment. Something that is a issue for Chinese. Majority of Chinese live in poverty and can't even afford 2000 calories. You act like every Chinese is living in Hong Kong.
lol, China's per capita caloric intake is 2900. Maybe if you didn't have so many fatties you wouldn't have such a low life expectancy.
Hong Kong, Taiwan, Singapore and China share blood. We know your real angle on this
atatwolf
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Yeah, we should believe Chinese statistics. You will be cooking the books until the economic collapse knocks on the door and takes away your daily dose of 1000 calories.lol, China's per capita caloric intake is 2900. Maybe if you didn't have so many fatties you wouldn't have such a low life expectancy.
Hong Kong, Taiwan, Singapore and China share blood. We know your real angle on this
Viet
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McKinsey Global Institute (MGI) fears China total debt (state, enterprises and private) could even double in the next 3 years, totally 400% of GDP. I´m afraid no country in the world can pay back this debt in gold.Don't forget the gold reserve, my friend.
Too bad for you China gets almost all of its calories domestically. BTW these findings are corroborated by WHO and UNICEF so take your Turkish issue with them. I guess we can trust the stats of ISIS supporters like your country though.
%GDP benches would make sense if China actually reported all of its GDP
atatwolf
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Quoting Breitbart, like a true swarthy low IQ simian.
Well, Japan also is in that same precarious situation. Our debt is also immense, fortunately the debt is locally owned. If China's debt is locally owned then they have insulation capacity. Perhaps we can get the expert opinion of Sir @LeveragedBuyout --- i resign to his candid analysis in these matters.
atatwolf
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Did you read the article or do you too suffer from concentration deficit because of malnourishment?
Viet
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economically speaking, debt is not a problem per se.
let say you loan $100 from the bank, and generate $110 output, you can pay back the debt without problem. the problem begins if you make loss. McKinsey says China prints money and takes loan to fuel economic growth. but the growth in additional GDP is lower than the debt spent on it.
Why are you so rabid in the way you talk about them? Turks are our kin, they are Asiatic peoples. Their ancestral link is in Central Asia, they are cousins to the Mongols, and to us Northeast Asians.
So , please, stop with your reference of "apes" etc etc.
Stop this now.
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