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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (144347)11/28/2018 4:43:04 PM
From: John Vosilla  Read Replies (1) | Respond to of 220189
 

China is underestimating its US$3 trillion dollar debt and this could trigger a financial crisis, says economist

Property developers and other mainland companies and investors that have borrowed dollar-denominated debt at low US interest rates are now facing repayment problems due to Federal Reserve rate increases and stronger greenback

https://www.scmp.com/economy/china-economy/article/2173461/china-underestimating-its-us3-trillion-dollar-debt-and-could



To: TobagoJack who wrote (144347)11/28/2018 5:08:05 PM
From: Joseph Silent  Read Replies (1) | Respond to of 220189
 
In an overly simplistic view .....

it is not hard to see the outcome when

the US characteristically operates in a short-term "gotta collect my bonus" and "gotta get my presidential library" way, and

China operates in a long-term "gotta get there somehow" way.

The rest is noise and detail.


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