Home News Video CHINA’s $9 Trillion Debt Nightmare as Local Government Financing Vehicles Threaten Economic Collapse

CHINA’s $9 Trillion Debt Nightmare as Local Government Financing Vehicles Threaten Economic Collapse

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CHINA’s $9 Trillion Debt Nightmare as Local Government Financing Vehicles Threaten Economic Collapse

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China’s Local Governments have built up a Massive $9 TRILLION of Debt through the issuance of Bonds. These Interest Coupon and Repayment of these Bonds was being funded by LAND AUCTIONS however the Property Crash has reduced this income and the Local Governments are now facing the risk of DEFAULT. In this video I look at the current situation and discuss the implications for China.

For specific details please check out the CHAPTER list below.

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Chapters:
0:00 Intro
2:17 LGFV’s
4:49 LAND SALES
6:33 BOND REPAYMENTS
8:55 NEW BONDS
12:10 RISK PROFILE
13:39 SUMMARY & CONCLUSION

#china
#india
#Belt&Road
#globalrecession
#globalfinancialcrisis
#russia
#Evergrande
#China
#Recession
#Zhenro
#Bonds

27 COMMENTS

  1. Mao Zedong Kick the Domino Effects of the Red Revolution, Great Leap Forward (Into Famine) & w/ 15 Million Loan from Russia.. Xi has Out Done Himself & Mao.. Did You Say… Trillions.. China has too Many Slave Ships in the Waters.. Do they think they Can Be the Roman Empire of 2031.. Planet Earth can Strike Back & send us All Kicking & Screaming. Peace..

  2. Inflation is a WONDERFUL way for a government to reduce its debt. If prices double, and wages double, and home values double, then tax revenue will double. Now…wages will NOT double, and the people are screwed, but at least the economy won't collapse. Short term.

  3. China’s economy is in great shape compared to Europe and the US. Watch what happens here in the US. The economy is already collapsing. Proof is in the last few weeks. Bank loans have decreased by $104 billion in a 2 week period. And bank loan tightening will certainly continue as long as banks are suffering a liquidity crisis especially with the trend of increased rate of loan defaults. During the next 12 months at $52 billion per week, bank loans will drop by $2.7 trillion. This will cut 12% off the GDP ($2,7 trillion/$23 trillion).

  4. China has a carpet so big they could hide an aircraft carrier full of money under there. all about FACE. nothing is as it seems and is likely worse than you can imagine. (old china hand here) 😅

  5. Thanks to a lot of comments I was able to digest the information better as I was wondering about those new bonds were going to be sold. Seems like the universal human reaction to things like this are to delay the inevitable pain this debt is going to cause. If the whole "reason for being" of the CCP is to maintain social order, then maybe spreading the pain evenly over many years can be justified, even if means those not responsible for the problem pay. Looking through the lens of China to see a version of this play out on a global level is equally tragic and darkly humorous.

  6. IT´S NOT A GOOD IDEA TO HAVE A FOOT ON COMUNISM AND THE OTHER ONE ON CAPITALISM BECAUSE WEST NEVER WILL RELAY ON CHINA. COMPANIES ALWAYS GOT HIS MONEY READY TO LEAVE CHINA. IT´S TIME TO CHINA TO FALL APPART.

  7. Wow! with all the time bombs that you are exposing, it's a wonder why the Chinese citizens are not rioting, looting, starving, getting evicted from their home, homeless, shitting on the streets or subways, etc, etc, etc. Oh wait, it's some other country!

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