Quote:
Originally Posted by Blue Player
Yeah I am going for starting to repay China the serious billions they must owe them now.
|
Never tracked it recently BP - but that Chinese debt was on loans from the Central Bank of China at a level of $3-$4 billion/day and, at that time (about 18 months ago), the Chinese loans were only about 30% of the daily borrowings from elsewhere. So... it's fair to assume the daily borrowings are over $10bill/day.
It makes that $10bill a month in Iraq sound cheap
All of this stuff is totally unsustainable.