China's Buildup of $26 Trillion in Public, Private Debt

The video discusses China's $26 trillion debt, exploring whether it poses a threat to the global economy or is a manageable outcome of economic growth. It highlights the rapid increase in borrowing, compares it to past financial crises, and examines the challenges of managing this debt without slowing economic growth. The video also presents differing views on the debt's impact, with optimists believing in growth solutions and pessimists advocating for policy interventions.

What comparisons are made regarding China's debt situation?

What are the potential risks associated with China's debt according to the text?