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To: AdmSmith
Japanese bad debts have gradually accumulated over a long period of time. Chinese debts, in contrast, are rising sharply in less than a decade. I think they are rapidly depleting their financial resources.

In current situation, the threat of punitive tariffs by Trump would really hurt.

15 posted on 05/22/2016 1:49:47 AM PDT by TigerLikesRooster
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To: TigerLikesRooster

The Chinese should go for a consumer society as soon as possible, as it is impossible to increase the export. http://www.mauldineconomics.com/editorial/friedman-germany-has-a-bigger-problem-than-refugees


16 posted on 05/22/2016 2:27:46 AM PDT by AdmSmith (GCTGATATGTCTATGATTACTCAT)
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