Local Government Financing in China

Yikes!  Look what California’s dependence on tax revenues from the dot.com and housing bubbles did to that state’s fiscal health.   We’re going to see some fugly naked bodies when the tide recedes in China.   Keep this one on your radar.

(click here if video is not observable)

About these ads
This entry was posted in Black Swan Watch, China, Muni Market, State and Local Government and tagged , , . Bookmark the permalink.

3 Responses to Local Government Financing in China

  1. Pingback: China’s Land Sales Skyrocket 6,700-fold in 21 Years | The Big Picture

  2. Pingback: WARNING: Chinese Professor Warns Of 6,400-Fold Increase In Land Sale Values, Huge Local Government Financing Bubble « InvestmentWatch – The best source of news, analysis, and intelligent discussion

  3. Pingback: China’s Land Sales Skyrocket 6,700-fold in 21 Years | Jackpot Investor

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s