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@barray on Fri Jan 13 08:46:19 UTC 2023 said: &e
#china 's #ccp have a *massive* #hidden #debt problem: https://www.zerohedge.com/economics/chin.. The central #government have pushed #localgovernment to take on #loans to pay for things since 2008, which will soon need to be repiad. The #interest on such a #loan will be insanely high, with them having to get another loan to just #repay the #interest .