Okay, someone requested that I do #India . Here we go, in Q1 2019, India total debt (gov + household + firms) was 125% of GDP, which is DOWN from 127.7% of GDP end 2012.
— Trinh (@Trinhnomics) September 30, 2019
Meaning as China expanded its balance sheet in the past 7yrs, India's contracted!
Let's look at details!