/biz/ - Business & Finance

>>15231155
>amerimutt talking about bailing banks and debt
Still waiting for you to tell me why China has bailed out 3 banks in 3 months..
You know.. Since private debt doesn't matter..

Look at this chart..
See how China didn't feel anything in 2008..
Rest of the world corrected, China doubled down using a debt steroid.
Now that debt is coming due at the worst possible time for China..

>hurr durr currency devaluation will make oil cheaper..
You do realize that if ruble devalues, the price of oil in rubles goes up right?

>ULTRALMAO
https://www.youtube.com/watch?v=vA-rtjlKEYU
Currently India is growing faster than China..
And China's growth will keep dropping like a rock..

+Indian population pyramid is looking a lot better than China's..