S&P Says Next Global Downturn Unlikely to Be as Severe as 2008-2009

The video discusses the current state of global debt, highlighting that while debt levels are higher, the risk of contagion is contained due to the nature of debt distribution. It focuses on China's economic strategy, where corporate debt is high but largely domestically funded, reducing spillover risks. The Chinese government maintains low debt levels, balancing economic growth with credit control. The video also examines investor behavior post-2008, noting increased conservatism among banks and the potential for market liquidity stress if investors react to shocks.

What are the potential risks associated with the current levels of corporate debt in China?

In what ways have investor behaviors changed since the 2008 financial crisis?