Chart highlights China’s debt bubble bigger than U.S. subprime bubble

China is in for some bad times over these next few years. After overextending themselves, creating bubbles and taking on too much debt, the world’s second-largest economy could be in for a severe correction, which could lead to a several-year economic crisis. To understand just how immense the nation’s debt bubble is, Torsten Slok, chief international economist at Deutsche Bank, released a new chart that shows how it’s bigger than the U.S. subprime bubble (via MarketWatch).