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Last edited by Sugarphreak; 08-06-2019 at 04:27 PM.
That line for the USA is assumed to keep going up quite steeply. I think that's not the most likely scenario.
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I really don't think a lot of people are aware of the total shitstorm real estate bubble China is in internally that makes Tulip Mania look like a financially prudent investment period. China is trying to mad scramble it's currency into the world stage so once the shit storm hits it can do what the US did and print infinite money. I doubt they'll be able to do this fast enough before the entire world enters a world of hurt when China goes over the cliff
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Last edited by Sugarphreak; 08-06-2019 at 04:26 PM.
China's awesome GDP is fueled by such investment strategies as, "build a city for $100 billion, inhabit it with dust and insects, add $100 billion to your GDP figure and watch the world lap it up". Nothing can go wrong with a strat like that! I think they should realize that hacking in RL doesn't word like hacking a video game. US gets away with it because it's hegemony, reserve currency and global banking cartel that works together to keep the fantasy going. The US definitely doesn't want to see a Chinese downturn, but I really don't see what it will be able to do to stop it when it comes.Originally posted by Sugarphreak
I wonder if buying large amounts of Yuan and stufffing them into my safety deposit box would be a good investment?