Chinese Lending | Who is Better Off? Chinese Economy or U.S Economy

Chinese Lending
In case you haven’t noticed, the U.S. Economy has been quite heavily dependent on the People’s Republic of China’s purchase of U.S. Treasury bonds to finance the interest on our federal budget deficit. If the Chinese ever stopped buying those bonds, the U.S. economy would suffer a huge blow. But, then again, so would the Chinese economy and every financial system on the planet, many of which...
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