By The FirstLength 3:58
Dave Brat, dean of Liberty University, says China’s has a 300% debt to their current GDP. So how are they able to survive for so long? $15 trillion the country does have in their bank account, at least 40% goes to the Communist leaders of their nation who in fairness make use of the funds to keep them standing. Brat also explains the concept of a ghost city; the country has been building massive apartment complexes and other high-luxury centers that are essentially empty and uninhabitable due to the lack of wealth and demand of the Chinese citizens.
