Meaty economic indicator? China’s distressed pig farmers eye turnaround
-
Chinese farmers are keeping the fewest pigs for breeding since 2020,
offering hopes that the industry is on the cusp of sustained profitability
after years...
27 minutes ago
I think the focus for such subprime loans should be return OF capital! Hahaha!!
ReplyDeleteFrom the stats on Funding Societies, defaults are around 1.6% to 2.1% and late payments are about 12.6%. This is for a relatively good economy.
If economy slows down or turns bad, you'll see the stats getting worse.
Hmmm, maybe can use those stats as leading indicator --- they're reflection of weaker SME's & startup entrepreneur wannabe's --- dime a dozen during boom times, but drop like flies during recession.