Quote:
Originally Posted by sidslotm
I think this is bull, the problem is that professional USA and Europe pay themselves far to much and prop this up with borrowing.
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Agreed. China only needs us until they can get rid of us, which they're actively trying to do by attempting to make the dollar lose its reserve currency status.
They're also being very sneaky about buying US debt, they aren't holding it, they're using it to buy physical assets as fast as they can so they can slowly remove their vulnerability to the dollar, at which point, they won't care if the price collapses.