Miles Guo: China's massive debt could lead to a global economic collapse

9/10/2024 The State Council reported that China's government debt was 70.77 trillion yuan in 2023. However, Mr. Miles Guo revealed in 2021 that the CCP's debt had already reached 107 trillion yuan at that time. This massive local and hidden debt problem not only impacts the domestic economy but could also cause severe repercussions for the global economy, potentially leading to a global economic collapse.
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