Outside the Box: This is why U.S. investors should be worried about China

We are 10 years on from the beginning of the credit crisis, but are seeing many of the same signs of hubris that were present then. However, one thing that is definitely different is the shadow that China now casts over the global economy.

In 2008 China announced a massive stimulus package that helped its economy and the global economy weather the storm. But nearly 10 years later, the situation is very different and China could shift from being a big contributor to global growth to an anchor slowing down the global economy.

The 2015 McKinsey report “debt and (not much) deleveraging” laid out how global debt levels have risen since the crisis.

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