The Chinese Are Facing a Huge Debt Problem That's Staggering

China is a classic example of over indebtedness on the scale that makes even the american or european experience look like small potatoes. Chinese and japanese have been able to leverage up their economies to a level that staggering. The chinese are facing two serious, serious headwinds which will be, i believe, partially explain their very, very short term aggressiveness all over the world.