Big news out of the land of cheese and cuckoo clocks: Economist: China Loses Faith in Dollar
If China stops financing the US’s debt, we could be in for a bumpy ride.
nanothoughts.net
nanothoughts for electric headz
Big news out of the land of cheese and cuckoo clocks: Economist: China Loses Faith in Dollar
If China stops financing the US’s debt, we could be in for a bumpy ride.
As a tradeoff, if China stops financing our debts, then our trade deficit will go away.
I hope we can still buy stuff, hehehe. But yeah, loss of manufacturing is getting to almost be a matter of national security.