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Given the amount of global debt does it really matter ? https://www.cnn.com/2020/01/13/economy/global-debt-record/index.html https://www.cnn.com/2020/01/13/eco
by geggam 7y ago
Given the amount of global debt does it really matter ?
https://www.cnn.com/2020/01/13/economy/global-debt-record/index.html https://www.cnn.com/2020/01/13/economy/global-debt-record/in...
Its like the world is playing musical chairs and at some point the music will stop and not everyone will have a seat
- DeonPenny 7y agoThats not how global debt works.
- Supermancho 7y agoI'm pretty sure it does. The more debt increases against a property, the more valuation is boosted since the price of the unique property is bundled with the debt. This is how nations have been looking at debt for some time. Yeah, you can make a margin call on the US (directly or via a partner), but what are you going to replace that resource pipeline with?