China: Hidden Local Government Debt Is Half of GDP; Some First-Class Mail Could Take Longer: USPS




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00:00 Some First-Class Mail Could Take Longer: USPS
The next present you send to a loved one might get there late if you’re not prepared. The United States Postal Service is implementing its new service standards, which means possible slowdowns for some mail.

01:09 China: Hidden Local Government Debt Is Half of GDP
Goldman Sachs says hidden government debt at the local level in China is now more than half the size of China’s economy. The debt is all wrapped up in local investments that are not reported on by the central government.

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China: Hidden Local Government Debt Is Half of GDP; Some First-Class Mail Could Take Longer: USPS

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