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Since China actually manufactures stuff they'll accumulate debt slower. The US is more likely to be eaten by the bear.
by cheaprentalyeti 6y ago
Since China actually manufactures stuff they'll accumulate debt slower. The US is more likely to be eaten by the bear.
- cheaprentalyeti 6y agoPostscript: the abandonment of manufacturing, among other things, has really impacted race relations and class relations and pushed the US into a pre-revolutionary condition, which outside actors can use to further damage what's left of US manufacturing. I think the US Dollar is going to crash. You can't say this in polite society, or silicon valley, but you can say to invest in Bitcoin because it's a superior ponzi scheme to all the rest.
- raziel2701 6y agoChina may devalue their currency in order to achieve inflation (their CPI is falling). Doing so would strengthen the dollar. I'm honestly not sure about about the dollar bull/bear case, situation is not very clear to me.