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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 366.07-0.1%Nov 6 4:00 PM EST
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To: elmatador who wrote (129856)2/6/2017 9:43:36 AM
From: RetiredNow  Read Replies (4) of 217561
 
What happens when China burns through all of its reserves? I'm thinking then they have to start to take on more national debt to finance their budget deficit or raise taxes or print money. The first two options will slow the economy down further, and the global economy with it, and the last option will knock their currency down and push inflation up, hurting their consumer economy. I wonder how much reserves China has left?
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