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Post by ratty on May 31, 2024 23:45:26 GMT
The stock market is apparently completely disconnected from main street. Where do I sign up to join the cabal? I will start in the mail room, or whatever it takes. That's the attitude, Walnut. You should do well ..... |
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Post by duwayne on Jun 2, 2024 18:04:03 GMT
This doesn't speak to your claim that the China debt ratio is double that of the US. Our debt to GDP ratio is 120%. China's is 287%. The last time I checked 287% is twice as much as 120%... I posted a note indicating this calculation is misleading. You didn't respond, so I assume you feel your calculation is useful.
The China national debt (not national plus private) to GDP ratio was 83.6% in 2023.
The US national debt to GDP ratio was 123.3% in 2023.
The last time I checked 83.6% is 2/3rds of 123.3% so China has a much smaller debt in relation to GDP than the US.
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Post by gridley on Jun 6, 2024 11:29:18 GMT
notthebee.com/article/report-more-than-half-of-all-new-american-jobs-in-the-last-5-years-are-in-just-two-states"Let's see, the two most conservative major US states are doing a lion's share of the work in keeping Americans employed. Who could have guessed it?" "More than half of the nation's jobs created in the past five years have come in two states: Texas and Florida." I don't agree with all the article's assumption that low wages are a big driver, and they miss the point that those two states also minimized the panicdemic effects (turns out NOT torpedoing your own economy is good for long term job growth - who knew?). Still, the statistic stands.
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Post by code on Jun 6, 2024 16:28:09 GMT
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Post by code on Jun 6, 2024 16:29:09 GMT
The 'promised land' of stable, high-paying jobs for recent grads is falling apart
Shubhangi Goel
Jun 3, 2024,
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Post by code on Jun 6, 2024 16:39:01 GMT
Altogether, China’s gross national debt is over 300 percent of GDP. If growth slows further, LGFVs won’t be the only ones seeking support. Corporate debt adds another 123 per cent of GDP worth of liabilities, a large chunk of which is owed by state-owned enterprises (SOEs) [2]. In addition, household debt - mostly mortgages - is 61 per cent of GDP. Altogether, China’s gross national debt is over 300 percent of GDP. A high debt burden constrains the government’s fiscal firepower, preventing it from unleashing bolder stimulus and weakening its effectiveness when implementing support measures. |
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Post by code on Jun 6, 2024 16:41:02 GMT
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Post by code on Jun 6, 2024 16:42:21 GMT
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Post by code on Jun 6, 2024 16:43:51 GMT
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Post by code on Jun 6, 2024 16:44:36 GMT
China’s growth is buried under great wall of debt
By Yawen Chen
September 12, 2023
In the 15 years since, China’s debt-to-GDP ratio has doubled to a whopping 280%, opens new tab, with the bulk of liabilities held by local government financial vehicles (LGFVs).
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Post by code on Jun 6, 2024 16:45:41 GMT
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Post by code on Jun 6, 2024 16:46:09 GMT
China's Economic Data: An Accurate Reflection, or Just Smoke and Mirrors? July 25, 2017 An old link admittedly. |
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Post by missouriboy on Jun 10, 2024 0:19:36 GMT
The Golden State just lost its gold ... and the Governor looks like a deer in the headlights. |
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Post by blustnmtn on Jun 13, 2024 11:14:22 GMT
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Post by missouriboy on Jun 13, 2024 13:11:25 GMT
"Fudge" has many recipes tailored to the taste of the cook. Cook and Crook are only one letter apart.  Another reason why eliminating US Government data agencies and their staff might have positive results. |
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Another reason why eliminating US Government data agencies and their staff might have positive results.