China’s Deflationary Spiral Is Now Entering Dangerous New Stage

[FHN]

In 2023, the total assets of banks in China amounted 417 trillion yuan around 60 trillion us dollars. Chinese banks certainly don't lack the money with crazy high saving rates while us wealth is consumed by high inflation. That's why us national debt is increasing by 1 trillion every 100 days

 

[FHN]

Meanwhile us banks: Overall, aggregate unbooked losses at banks across the country rose to $517 billion at the end of the first quarter of 2024, up from $478 billion at the end of the last quarter of 2023

Data Analysis: Unbooked Losses at Banks Spike in First Quarter of Year

More banks reported unbooked losses over at least half of their capital equity, in response to spiking interest rates, according to a screener from an FAU finance expert.

www.fau.edu

 

[F-22Raptor]

 

[F-22Raptor]

China Gross Savings Rate was measured at 44.3% in Dec 2023 while growing at 5.2 percent last year that seems pretty good to me

China grew 5% from a low 2022 base. It’s looking increasingly likely China will grow under 5% this year. Chinas trend line growth outlook is continuing to decline.

And savings rate is not the flex you think it is for an economy in deflation.

 

[FHN]

It's 735.9% by the same measure if u count private debt and everything.280 percent debt to GDP ratio is still better than 735% xd. It's funny how u guys always bring up china debt to GDP ratio while not doing the same for others. Like let's go band for band lol

 

[FHN]

I already showed u the link of US debt to GDP ratio don't forget to check it out

 

[FHN]

China grew 5% from a low 2022 base. It’s looking increasingly likely China will grow under 5% this year. Chinas trend line growth outlook is continuing to decline.

And savings rate is not the flex you think it is for an economy in deflation.

5 percent is still the highest among major economies excluding India.

 

[F-22Raptor]

 

[FHN]

US Total Debt: % of GDP, 1951 – 2024 | CEIC Data

US Total Debt accounted for 735.9 % of the country's GDP in 2024, compared with the ratio of 737.1 % in the previous quarter.

www.ceicdata.com

280 vs 735 xd

 

[FHN]

XD

 

[F-22Raptor]

5 percent is still the highest among major economies excluding India.

China is growing closer to 4.5% this year than 5%, and when taken as a percentage of the overall GDP, China is barely outgrowing the US, when the US is growing 2.5-3%.

 

[FHN]

China is growing closer to 4.5% this year than 5%, and when taken as a percentage of the overall GDP, China is barely outgrowing the US, when the US is growing 2.5-3%.

That's what crazy printing do for you. 5% over 2.5 percent anyday of the week . China growth is organic Meanwhile the Fed is printing countless amount of green paper to help bail out the banks

 

[F-22Raptor]

US Total Debt: % of GDP, 1951 – 2024 | CEIC Data

US Total Debt accounted for 735.9 % of the country's GDP in 2024, compared with the ratio of 737.1 % in the previous quarter.

www.ceicdata.com

280 vs 735 xd

US total debt is 263% as debt to GDP ratio after Q2 2024. This is directly from the US Federal Reserve. Still lower than Chinas

Take your L buddy

The Fed - Financial Accounts of the United States - Z.1 - Current Release

The Federal Reserve Board of Governors in Washington DC.

www.federalreserve.gov

 

[FHN]

 

[FHN]

Even community notes agree with me