China’s Debt Bomb-Tweet from Patrick Chovanec (@prchovanec)
Posted by w_thames_the_d on September 5, 2014
China’s. NPL’s non performing loans are at catastrophic levels. Looks like all those communist officials will soon be following their one dud to the Us soon with all their blood money.
|Patrick Chovanec (@prchovanec)|
WSJ article says maybe 9% NPL. Mark my words: China’s bad debt ratio will ultimately top 20%.