4 ms·
china will be as doomed as the rest. what do they hold? US debt. its toilet paper. their economy is coupled to US consumption. they are developing a domestic ma
by unrealwh 18y ago
china will be as doomed as the rest. what do they hold? US debt. its toilet paper. their economy is coupled to US consumption. they are developing a domestic market but to do so will take another twenty+ years....the tidal wave of debt is crashing now
- fallentimes 18y agoWith people saying things like this, it might be time for me to start buying. US debt is a lot of things, but it's not toilet paper. If they start defaulting then we'll talk.