Wednesday, May 24, 2017


ricky l


Moody's downgrades China, warns of fading financial strength as debt mounts

By John Ruwitch and Yawen Chen
Moody's said it expects the government's direct debt burden to rise gradually towards 40 percent of GDP by 2018 "and closer to 45 percent by the end of the decade".
A growing number of economists believe that a massive bank bailout may be inevitable in China as bad loans mount.
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This shows that no matter how massive the Economic clout and prowress and finanical strenght China has - 金山银山有一天也会被淘空的。
Thus China using economic leverages to punish benefactors, friends, partners, allies - will reap the karma - because what "goes around, comes around".
If China can snub or press a benefactor that joint invest, joint fund and joint help China development, what more if China punish others who sought financial help, financial aid, financial investment.
Thus China in order to win friend, aspire to be a Global Leader - must possess "Big Heart" and not use its economic leverages to snub, punish benefactors, friends, partners, allies - because 有因果的。
Only with "Big Heart" come with "Big Wisdom" - and win "Real Friends" - not "friends that will come to you for financial aid" - and if you are down will turn away - because you are using economic leverage to bully, snub and punish your benefactors, friends, partners, allies.
“老师,恩人施教和亲帮徒弟。
徒弟一朝得志 - 反过来欺压老师,恩人。
这就是因果报应。”
On the hindsight, other Countries will observe what China has been using economic leverages to pressure others - will also have contingency plan to spread their risks,
China can only win respect and Global Leadership - only if China can win with "Big Heart and Wise Mind" - not economic coercion.

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