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I believe the huge majority of debt in china is held by the chinese themselves, very little is actually held by foreigners, so were they to cancel debt they cou
by dageshi 7y ago
I believe the huge majority of debt in china is held by the chinese themselves, very little is actually held by foreigners, so were they to cancel debt they could easily do so with little knock on contagion to international investors.
- MuffinFlavored 7y agoWhat effects would them cancelling their own debt that they hold have? Their currency should inflate because of that... right? But it won't?