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Only 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
by _DeadFred_ 1y ago
Only 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.