The Bank Of Japan Didn’t Do It; China Did; Dollar Implications & A Trade Setup (Aussie)
October 30, 2015 at 16:29 PM EDT
Today, half of China's debt may now be unserviceable. Several years ago, China's debt could still be financed by domestic savings. China's private sector borrowing in part to finance such investment has skyrocketed to between $2-$3 trillion.
