COTD: Guess Who Is Growing And Who Is Not?

We will give you a hint:

…credit is the mother’s milk of growth; without credit the economy cannot flourish. And credit cannot flow freely without a well-functioning financial system. – Mark Zandi

But as Japan and the others illustrate, there’s always a hangover and hell to pay after a private sector debt binge.

How and when will it end for the Middle Opaque Kingdom?

COTD_Total Credit


This entry was posted in Debt, Uncategorized and tagged , , , , . Bookmark the permalink.

Leave a Reply

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

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

Google+ photo

You are commenting using your Google+ 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 )


Connecting to %s