I'm not that surprised. Last night I took out a Chinese loan, but then a couple of hours later I felt like I could do with another one.
teehee!
tl
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Previously on "Sounds familiar"
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What would you be buying if the Chinese stop selling?Originally posted by amcdonald View PostChina bought Americas debt when it all went tulip, but who's going to buy Chinas when they're economy overheats ?
China prints money but they've got undervalued currency and if it falls in value they'll benefit from better exports...
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China bought Americas debt when it all went tulip, but who's going to buy Chinas when they're economy overheats ?
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Sounds familiar
Strong China growth boosted by near £1 trillion of loans - Telegraph
For the second year running, Chinese banks loaned out more money than the UK’s entire public debt. Their extraordinary largesse helped the Chinese economy maintain the near 10pc growth it has recorded each year, on average, for the last two decades.
We worry about our debt and China lends it every year!
Boomed!
Anyone see where this is all headed?Tags: None
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