When George Soros talks, commoners must listen.
The man who single-handedly “broke” the Bank of England, is an expert investor and he’s warning everyone about China’s explosive credit debt numbers.
Soros says that the Chinese debt-fueled growth echoes that of the US in 2007-2008, right before the markets collapsed.
China’s debt to GDP ratio has exploded
Soros is predicting that a hard landing in China is “practically unavoidable.”
The Chinese domain market is huffing and puffing as of late; domain investors in China are selling as fast as they can, while prices of domains used strictly as “chips” are plummeting.
Source
The man who single-handedly “broke” the Bank of England, is an expert investor and he’s warning everyone about China’s explosive credit debt numbers.
Soros says that the Chinese debt-fueled growth echoes that of the US in 2007-2008, right before the markets collapsed.
China’s debt to GDP ratio has exploded
Soros is predicting that a hard landing in China is “practically unavoidable.”
The Chinese domain market is huffing and puffing as of late; domain investors in China are selling as fast as they can, while prices of domains used strictly as “chips” are plummeting.
Source
