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Tansy_Gold

(18,167 posts)
1. The China bomb keeps getting bigger
Wed Feb 17, 2016, 12:29 AM
Feb 2016
http://www.businessinsider.com/china-tsf-numbers-for-january-2016-2?utm_content=buffer9199a&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer

China dropped a few bits of economic data over the weekend suggesting things will get much worse before they get better.

The most important piece of data is total social financing, or TSF.

It's a figure the Chinese government made up back in 2011 to track all the money in the system. That includes credit out to borrowers and even parts of the country's opaque shadow banking system.

So you can imagine why tracking this is important. As Business Insider's Julia La Roche reported, this is what hedge fund land considers "a ticking time bomb."

And the bomb is just getting bigger, according to last month's tally.

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Talk about interesting times. . . . .

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