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Red Ponzi’s Winning The Corporate Debt Race With The U.S.

Summary:
And the US corporate debt of trillion pales compared to China’s corporate debt of .7 trillion. China happened in just 12 years: https://wolfstreet.com/2019/03/23/countries-with-most-monstrous-corporate-debt-pileup-u-s-wimps-out-in-25th-place-debt-to-gdp/

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And the US corporate debt of $15 trillion pales compared to China’s corporate debt of $19.7 trillion.

China happened in just 12 years:

Red Ponzi’s Winning The Corporate Debt Race With The U.S.

https://wolfstreet.com/2019/03/23/countries-with-most-monstrous-corporate-debt-pileup-u-s-wimps-out-in-25th-place-debt-to-gdp/

David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

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