Boom!!! Na na na goodbye!!! The Great Deflation of the chinese economy is going to be interesting to watch. I have a feeling everything is a house of cards glue with ducktape from what i've heard. Makes our debt problems seem like child's pay.
Yeah... looks like a disaster for China. I'm not the smartest with economics, but all the stuff I've been reading says that there is no way it will be contained to China.
With Calpers (?) heavily invested and other states retirement where the governors have "favored status" by the CCP, expect the retirement funds to get hammered.
Boom!!! Na na na goodbye!!! The Great Deflation of the chinese economy is going to be interesting to watch. I have a feeling everything is a house of cards glue with ducktape from what i've heard. Makes our debt problems seem like child's pay.
I hope it's contained to China but I'm not sure.
Yeah... looks like a disaster for China. I'm not the smartest with economics, but all the stuff I've been reading says that there is no way it will be contained to China.
Now for the Poopy Pants regime!!!
The debt is in U.S. Dollars so by definition its effects extend beyond China.
With Calpers (?) heavily invested and other states retirement where the governors have "favored status" by the CCP, expect the retirement funds to get hammered.