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George Soros just said something very worrying about China’s debt dilemma

Posted in ひと, 中国 by shiro on 2014年1月6日

soros

George Soros just said something very worrying about China’s debt dilemma | Quartz

George Soros:

“[T]here is an unresolved self-contradiction in China’s current policies: restarting the furnaces also reignites exponential debt growth, which cannot be sustained for much longer than a couple of years,” writes Soros. “How and when this contradiction will be resolved will have profound consequences for China and the world.”

[…] The impact could expand well beyond the economy per se: Soros says a failure to reform will result in “military confrontation abroad.”

George Soros maps the terrain of a global economy that is increasingly shaped by China. | Project Syndicate

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