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Thursday, November 22, 2018

The US corporate debt is US$29T, not US$9T as stated.

https://uk.finance.yahoo.com/news/apos-9-trillion-corporate-debt-122100970.html

The US is trying to understate its corporate debt in the country because its economy is faltering and the trade war is escalating.

We had posted the US corporate debt previously.

http://sg-stock.blogspot.com/2017/05/chinas-total-debt-vs-usas-total-debt.html

There is no way for the US companies to reduce the corporate debt from US$29T to US$9T in just 1 year.

Fake news again!

1 comment:

Eric Ho said...

When a country tries to fudge its numbers, you know something bad is already happening in the country.