RE: Chinas Economy Is On The Verge Of Collapse
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If china goes down it takes the US along with them, remember China is the biggest holder of US treasuries, if they need to liquidate they force the US to buy everything driving down the dollar to push up their yuan and they have gold reserves too
in addition their move to CBDC's can help them push off any crisis because they have more granular control
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It would hurt the US economy for sure along with everyone around the world. However we would recover from it just fine. A little bit of pain needs to happen once in a while so people get a reality check.
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