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Chart of the Day: China's unsustainable debt

Chart courtesy - BIS, Zerohedge.com

This nice chart from the Bank of International Settlements (BIS), shared by zerohedge.com shows the rise in China's debt to  GDP gap to 30.1 percent, three times the level considered as critical.

This indicator has served well as a reliable predictor of a banking  crisis, in the past.

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