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 today's episode, Dr. Walter Kemmsies and Mark Hall discuss clogged ports, structural shifts and distribution network as well as solutions to supply chain...
Mark and Walter discuss electrical vehicles and their carbon footprint. What are L3 and L5 cars? Will the country actually be comfortable with cars...
Japan's recession during the 90's lasted over two decades and the stock market was flat for literally 20 plus years. It is considered one...