The chart of the week is courtesy Bloomberg and shows the maniacal credit boom in china. The credit to GDP ratio in China has breached historical levels and has entered into dangerous territory eclipsing levels seen before recent busts in 2008 and 2015. Another hard landing looks certain:
Bootstrapping Your Company: Tips For Entrepreneurs Just Getting Started
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Bootstrapping your company is hard work and requires a lot of
determination, planning, creativity and frugality. However, the payoff can
be very worth it.
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