china has been expanding their debt at an enormous rate
but if you look at the whole chart
so has everyone else
it is a ticking time bomb of debt world wide
add up all the debt in the world and then think how much the repayments would cost if the interest rate rises above this current very low rate
and this chart is only private debt owed by people and business
the public debt owed by cities, states and countries is off the charts also
every country worldwide is drowning in debt