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This story has been going on for years, and it's always been a Nothing Burger: > Matthew Yglesias notes[1] an uptick in Very Serious People warning that China
by throw0101a 6y ago
This story has been going on for years, and it's always been a Nothing Burger:
> Matthew Yglesias notes[1] an uptick in Very Serious People warning that China might lose confidence in America and start dumping our bonds. He focuses on China’s motives, which is useful. But the crucial point, which he touches on only briefly at the end, is that whatever China’s motives, the Chinese wouldn’t hurt us if they dumped our bonds — in fact, it would probably be good for America.
* https://krugman.blogs.nytimes.com/2013/10/18/the-china-debt-syndrome/ https://krugman.blogs.nytimes.com/2013/10/18/the-china-debt-...
* https://archive.is/4Q95O https://archive.is/4Q95O