North Point of View: China's Debt

September 27, 2023 00:11:06
North Point of View: China's Debt
North Point of View
North Point of View: China's Debt

Sep 27 2023 | 00:11:06

/

Show Notes

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.

Other Episodes

Episode

November 09, 2022 00:08:49
Episode Cover

North Point of View: Is Hydrogen fuel an alternative to EV?

Dr. Walter Kemmsies and Mark Hall discuss the pros and cons of hydrogen fuel as an alternative to EV. In the shipping industry Mearsk...

Listen

Episode

January 04, 2023 00:11:56
Episode Cover

North Point of View: 2023: Year in Preview

What to expect in 2023? Mark Hall and Dr. Walter Kemmsies discuss Ukraine/Russia and China. Speculation if the Feds will cut rates in the...

Listen

Episode

September 30, 2022 00:11:15
Episode Cover

North Point of View: Megatrends

In today's episode, Dr. Walter Kemmsies and Mark Hall discuss Megatrends like Cryptocurrencies, Electric Vehicles and the hype it caused in the stock market....

Listen