4 ms·
then we would need to include major US institutions debt too(for example top N banks)?
by riku_iki 1y ago
then we would need to include major US institutions debt too(for example top N banks)?
- _DeadFred_ 1y agoOnly those backed by government guarantee like China has for state owned business. So I guess up to the depositary insurance amounts? But that isn't debt, so no, it's not the same.
- riku_iki 1y agoWe can argue that US saved major banks in the past too, and not much prevents China from bankrupting state owned companies.