China’s debt to GDP ration is 297%. Some of the increase in debt is because of the belt and road initiative. They lent money to a lot of countries to build infrastructure. That infrastructure hasn’t really paid off. China also has a lot of infrastructure that’s not being used in some of the poorest cantons. High speed rails, multiple airports that have been empty they finally just shut it down. On the flip side, China is also the single largest owner of U.S. Government debt and it is making everyone nervous.
In this episode, Mark Hall and Dr. Walter Kemmsies discuss the Panama and Suez Canal. Excerpt: Mark: Two months ago, it felt like we...
In today's episode, Dr. Walter Kemmsies and Mark Hall discuss our reliance on computer technology in our daily lives and why the computer chip...
In this episode, Mark Hall and Dr. Walter Kemmsies discuss the 2023 recession that never happen. Excerpt Walter: I said, I don't think there...