The debt-to-income ratio of China’s youth born in the 1990s had reached a staggering 1,850%.
Poster Comment:
They are already rationing food in China.
China's Gen Z Splurges On Luxury As Its Debt-To-Income Nears An Insane 2,000%
| Source: | https://www.zerohedge.com/markets/chinas-gen-z-splurges-luxury-its-debt-income-nears-insane-2000 |
| Published: | May 4, 2021 |
| Author: | Tyler Durden |
| Post Date: | 2021-05-04 20:07:36 by Horse |
| Views: | 110 |
#1: BTP Holdings To: Horse (#0)
Already rationing in China?
Things are so bad in China that people forage in the many garbage dumps to find food for their pets. :-/
BTP Holdings posted on 2021-05-04 20:28:09 Reply Private Reply
#2: NeoconsNailed To: Horse (#0)
NeoconsNailed posted on 2021-05-04 21:07:16 Reply Private Reply
#3: Anthem To: Horse (#0)
Anthem posted on 2021-05-04 21:38:02 Reply Private Reply
#4: TommyTheMadArtist To: Anthem (#3)
TommyTheMadArtist posted on 2021-05-04 22:11:49 Reply Private Reply
#5: Horse To: NeoconsNailed (#2)
Horse posted on 2021-05-05 07:55:38 Reply Private Reply
#6: NeoconsNailed To: Horse (#5)
NeoconsNailed posted on 2021-05-05 10:05:13 Reply Private Reply