[経済学] China's Economy in 2015: Sovereign Debt is NOT the Problem

China has some remarkable economic problems, but rapidly rising public spending isn't their root cause. This video shows how a single statistic in isolation can be very misleading, and how some opinion-makers may be trying to mislead us with factoids of this kind. Stefan Molyneux is a charlatan at the best of times, but he recently made an exceptionally absurd pronouncement under the title, "The Fall of China. There Will Be No Economic Recovery." It's easy to imagine that he'd have some interesting facts to present under that title, but no: he is lazily supposing that the economic crisis in Greece somehow resembles the crisis in China… and he's wrong. China has many serious economic problems, but a sovereign debt crisis isn't one of them. Meanwhile, BTW, there are profound problems in the Chinese economy that are outside of the expertise of most journalists; to hear about a few of them (from someone who knows the horror of what they look like firsthand), try CSIS: https://youtu.be/C2SStFt-k_A?t=3m5s