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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 422.23+1.9%Jan 12 4:00 PM EST

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To: John Vosilla who wrote (133764)5/21/2017 6:13:04 AM
From: TobagoJack  Read Replies (1) of 219296
 
re <<The Myth Of China's 'Excess Savings' Is Weighed Down By Excessive Debt>> and

<<What if this story about 'Chinese saving' is wrong?>>

... don't worry about it, as ordinary folks of which there are 1.3 billion, plus / minus, cannot leverage

therefore over-leverage is not possible, per ...

Message 31024073

companies can leverage to a certain extent, but that is simply a money movement function for the greater good.

just for example, there are 2.5 million households in hk, w/ 2.8 folks per household, per 2016 census, and each household on average has US$ 593,000 cash on deposit at the bank yielding 0.01 % interest, and 62+% of households own abode free of mortgage, etc etc

and there are a lot of folks in china in similar situation even as the numbers would be different, but similar in relative terms
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