> I'm sure Chinese citizen could have said exactly the same. It would stand to reason that this is statistically likely, but I don’t think anyone has any real

> I'm sure Chinese citizen could have said exactly the same. It would stand to reason that this is statistically likely, but I don’t think anyone has any real understanding of how much the people in China believe in / support their current government and its positions. Information is extremely restricted. > When a lender collapses it's usually very good news for the debtor. I could see why someone would think this if they’re considering the collateral is something like a house, or a car, or a plot of land — something that is useful in and of itself because it is surrounded by other stable infrastructure. However, in the case we’re talking about here, China is the lender for large scale infrastructure that will stop getting built and eventually decay because the borrowers have no means of finishing or maintaining what was being built. That makes them vulnerable in other ways. Keep in mind, too, that those places where the infrastructure will stop being maintained are also places that make or mine or otherwise export components that are part of a global supply chain. You don’t have to love America’s values like I do to be biased towards the US being the driving influence in these nations.