Trade war with US could be the tipping point for China’s $14 trillion debt-ridden economy

Trade war with US could be the tipping point for China’s $14 trillion debt-ridden economy

Nearly 20 percent of China's exports go to the U.S.

  • If a trade war ensues with the U.S., China's GDP growth would drop 0.5 percent and could continue to fall as things heat up, the IMF warns.

  • China's debt-to-GDP has ballooned to more than 300 percent from 160 percent a decade ago.

  • Chinese officials now warn of a financial-sector debt bubble that's waiting to burst.

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Night of the Undead . . . Mortgages (Zombie Mortgages)

Night of the Undead . . . Mortgages (Zombie Mortgages)

Spoiler alert! The zombie apocalypse in this article was not caused by a top secret government experiment, well-intentioned vaccination protocol, or ancient (and very cold) magic. The zombies discussed in this article were created by men and women garbed in Brooks Brothers (ok, probably Joseph A. Banks) and Anne Taylor. The zombies in question were created by stalled and abandoned foreclosure actions as well as a bank’s unwillingness to initiate foreclosure.

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