velu Posted July 18, 2020 Share Posted July 18, 2020 39 minutes ago, Clarke said: Did u mean months or actually years What will be our annual debt payment as part of budget if we do that ? Any numbers on what potential growth covers that hole ? years .. as long as there is growth , we dont need to worry about deficit .. china did this for few decades .. they even built lots of ghost town for the sake of growth Link to comment Share on other sites More sharing options...
Clarke Posted July 18, 2020 Share Posted July 18, 2020 59 minutes ago, velu said: years .. as long as there is growth , we dont need to worry about deficit .. china did this for few decades .. they even built lots of ghost town for the sake of growth The opinion of the best economists like Rajan is that the bubble scenario can only be avoided temporarily, it just gets worse the longer it runs and inflates further. There have been speculations on the China bubble for a long time and without transparency it's impossible to know long term ramifications of their approach. Link to comment Share on other sites More sharing options...
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