No, China debt didn't start from zero in 2000. That's what you don't seem to grok.
It started from China's INDEX LEVEL=100, which was the amount of debt at the beginning of year 2000.
The graphs on charts cannot be compared to each other. Only the growth rate fro that period can. That's all.
And yeah, I feel like we are at the verge of collapse too.
But I also felt that in 1999, and then 9/11 happened. And they printed.
And I felt it again in 2007. and then GFC happened in 2008-2009, and they printed some more.
And I felt it again in 2019 with the US Gov debt sales failure and then COVID magically hit in 2020, and they printed oh so much fucking more.
And I'm starting to feel it again, but my clock is saying 2024 and I'm sure they will pull some fucking rabbit out of their hat again. War, Comet, Alien invasion, something.
No, China debt didn't start from zero in 2000. That's what you don't seem to grok.
It started from China's INDEX LEVEL=100, which was the amount of debt at the beginning of year 2000.
The graphs on charts cannot be compared to each other. Only the growth rate fro that period can. That's all.
And yeah, I feel like we are at the verge of collapse too.
But I also felt that in 1999, and then 9/11 happened. And they printed.
And I felt it again in 2007. and then GFC happened in 2008-2009, and they printed some more.
And I felt it again in 2019 with the US Gov debt sales failure and then COVID magically hit in 2020, and they printed oh so much fucking more.
And I'm starting to feel it again, but my clock is saying 2024 and I'm sure they will pull some fucking rabbit out of their hat again. War, Comet, Alien invasion, something.
So I'm not holding my breath anymore.