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China 'Weaponize' Yuan For Dollar Collapse

bostonangler

By bostonangler,
in World Economy

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  • 4 weeks later...
ChuckFinley Community Regular

ChuckFinley

Posted
Posted

It was interesting. I feel Trump got stuck cleaning up the mess of decades of bad deals for the US. In many comities, that I have dealt with, you cannot buy a company within that country; you can only be a percentage of ownership - the ME region for one. The down fall has been coming for sometime. Empires come and go, From 2008 till 2016 are debt doubled - about 10 trillion to 20 trillion. The problem is two fold. In 2014 our debt was more than revenue and two, it is nearly impossible to recover from the compounding of interest owned. It would be nice to se a slide that shows a side by side comparison before we criticize a decision. 

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