The most prestigious law school admissions discussion board in the world.
|
 |
 
|
China has even more debt than the US - link
| ,.,,.,.,,,,,,..................... | 11/24/25 |
| Reinhard Heydrich Uunona | 11/24/25 |
| ,.,,.,.,,,,,,..................... | 11/24/25 |
| Louis Poasteur | 11/24/25 |
Poast new message in this thread
Date: November 24th, 2025 11:38 AM Author: ,.,,.,.,,,,,,..................... https://x.com/MichaelAArouet/status/1992851775737725308 (http://www.autoadmit.com/thread.php?thread_id=5801786&forum_id=2Reputation#49456044) |
Date: November 24th, 2025 11:40 AM Author: Reinhard Heydrich Uunona (✅🍑) I think it's much much worse than this because a lot of the debt is the provinces and it's hidden from the official figures, China is the real Ponzi scheme, afloat on an ocean of debt since 2008 (http://www.autoadmit.com/thread.php?thread_id=5801786&forum_id=2Reputation#49456052) |
 |
Date: November 24th, 2025 11:43 AM Author: ,.,,.,.,,,,,,..................... Really curious what the endgame for the entire world being up to its neck in debt is. Suspect it won't be pretty. (http://www.autoadmit.com/thread.php?thread_id=5801786&forum_id=2Reputation#49456063) |
|
Date: November 24th, 2025 12:17 PM Author: Louis Poasteur Debt doesn't matter globally, only locally. One person's debt is another person's asset. A particular country can go broke if it is in debt to other countries or foreign corporations--debt denominated in foreign currencies--but if a country's government debt is mostly held by its own citizens and corporations then the country can't really go "broke". By the same token the "world" can't go broke either. (http://www.autoadmit.com/thread.php?thread_id=5801786&forum_id=2Reputation#49456179) |