According to the data of the central bank, our debts are as high as more than 200 trillion yuan, with a per capita debt of 140,000 yuan and a per capita savings of 80,000 yuan.
01 The mainland is changing from a "big saving country" to a "big debt" country
As we all know, the mainland has always been a well-known savings country in the world, some data show that by the end of last year, the total amount of Chinese household deposits exceeded 100 trillion yuan, and with the gradual distancing of the epidemic, this year's people's awareness of saving money is getting higher and higher, in the first half of this year alone, the mainland has added more than 10 trillion new deposits, a total of more than 110 trillion!
However, in addition to the sharp rise in the savings rate, in the past three years of the epidemic, I believe that many people's lives have not been easy, business operations are difficult, everyone has unstable jobs or even unemployment, and some people have even lost their sources of income.
What's behind this message?
As of September 2022, the total debt of the country is as high as more than 200 trillion yuan, that is to say, the total debt is equivalent to twice the total savings, from a "big saving country" to a "big country of debt"!
Moreover, it is worth noting that at present, the mainland not only has high per capita debt, but also the proportion of debt of the post-80s and post-90s generations is more prominent.
The total debt of the country is as high as more than 200 trillion yuan, and if calculated on a per capita basis, the per capita loan of 1.4 billion people is about 140,000.
However, this is only the official data, and the official data released is bank loan data, which means that if you add private loans and online loans, it is foreseeable that the personal debt ratio may be higher.
And there is also a very key problem is that the per capita debt of 140,000 is just an average, to calculate this data more clearly, at least we have to subtract minors under the age of 18, and the elderly over 60 years old, and retain the middle group.
According to official data, the population of 15-59 years old in the mainland is 890 million, and if the debt of more than 200 trillion yuan is calculated on average according to this scale, it is equivalent to a per capita debt of more than 220,000, and if you want to remove people aged 14-18, then the per capita debt will be higher!
In addition, it is worth noting that in this data, the number of post-80s and post-90s debts has even reached 85%, that is to say, this group of young people in our country's politics may now be burdened with more than 200,000 loans, and some have even exceeded one million. It can be seen that the pressure is huge!
However, in terms of per capita savings, it is very different from what everyone expected.
The total savings of Chinese families is more than 110 trillion yuan, and the population of more than 1.4 billion is equivalent to 80,000 yuan per capita, compared with 140,000 yuan in debt per capita.
Of course, this data is not the most ugly, there are some more ugly data, such as the number of people in debt in the country is as high as 700 million, but the overdue rate is as high as 42%, that is, nearly half of the people have not paid yet.
In addition, there are as many as 15 million judgment defaulters nationwide, compared with 50,000 five years ago.
……
02 Where did the people's money go?
1. Mortgages
According to the data released by the central bank, the current mainland household debt ratio is 56.5%, and housing loans have become the main reason for debt, the average household debt amount has reached 512,000, of which 53.8% have debts below 300,000, 35.6% have debts of 300,000 ~ 1 million, and 10.5% have debts higher than 1 million. Obviously, it is more difficult for these families to save 500,000 yuan.
In other words, a large part of the average person's monthly household income has to be used to pay off the mortgage, and this repayment cycle lasts for decades.
Nowadays, it is common for post-80s and post-90s generations who have bought a house to be burdened with millions of mortgages, but due to the intensified competitive pressure in the job market in recent years, the expectation of job and income stability has dropped sharply, which also leads to another data that is becoming more and more common, and at the same time getting higher and higher:
In September this year, more than 10 million houses were out of supply across the country, and more than 5 million foreclosure houses were auctioned, and the number is still rising!
However, mortgage is only one of the core factors in our high debt.
2. Other liabilities
In addition to housing loans, ordinary families also have monthly car loans for retirement, children's education, medical inflation, advanced consumption, etc., these major events in life also overdraft our future!
Of course, in addition to personal debts, many companies also have debts, such as the head real estate company, one Evergrande has a debt of 2 trillion, of course, not all the money he owes is from the bank.
In addition, there are some self-employed and entrepreneurs, who are also facing a certain amount of debt.
In short, for the vast majority of ordinary people, high debt basically comes from houses.
Write at the end. In fact, there is no doubt that appropriate debt can generate more wealth, make finances healthier, and stimulate the economy; however, excessive debt and structural imbalance debt will be a risk to households and the economy! Especially in the economic downturn, both individuals and countries should pay attention to high debt!
In short, for each of us, for every family, and even for every country, whether it is savings or debt, too much or too little is not a good thing, and it is only healthy at the right level!
Wan Ziwen said: Every word of the article was typed out by me, and I clicked "watching" to let me know that you are also "doing your best" for life.