Quote:
Originally Posted by DirtyWhiteBoy
I disagree. They are not up to their eyes in debt like we are. YES they will take a hit but 2 trillion is not really that much for such a massive country like China.
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Also, their economy is based on PRODUCTION. The US economy is very diverse with CAPITAL MARKETS and capital-fueled consumption driving the economy. Heaven forbid the world economy shifts to production based valuations....