3 ms·
So, America is great at consuming, but if ratio of debt to GDP continues to grow, it's unsustainable for the U.S. Sure, China needs the U.S. to be a major custo
by tmountain 10mo ago
So, America is great at consuming, but if ratio of debt to GDP continues to grow, it's unsustainable for the U.S. Sure, China needs the U.S. to be a major customer, but it doesn't seem like things can continue as they're going now, especially as the willingness to ignore the extremity of the debt is largely based on good faith and credibility.