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Toxic Loans Around the World Weigh on Global Growth


               
2016 Feb 3, 4:09pm   979 views  0 comments

by Heraclitusstudent   follow (8)  

http://www.nytimes.com/2016/02/04/business/dealbook/toxic-loans-in-china-weigh-on-global-growth.html
"Some analysts estimate that China’s troubled credit could exceed $5 trillion"

Oh no!
Guess negative rates will come to the rescue: forcing deadbeats to borrow even more.

"Wherever governments and central banks unleashed aggressive stimulus policies in recent years, a toxic debt hangover has followed. "

Oh well. I guess not. With such idiotic policies taken as normal and granted, is it any wonder that Sander and Trump are doing well?

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