03-10-2019, 10:22 AM
(03-08-2019, 10:14 PM)Ragnarök_62 Wrote: > Is China a literal shithole country like the US?
Two things.
First, I've been saying for years that the US economy is heading for
disaster, as public debt is increasing exponentially (except during
the sequestration), and the stock market is in a major bubble.
![[Image: FredDeficit600-141114.gif]](http://www.generationaldynamics.com/ww2010/FredDeficit600-141114.gif)
- Federal income, outlays and deficit, 1980 to present (as of
November 2014)
** 2-Feb-15 World View -- Washington joins the world in explosive spending splurge
** http://www.generationaldynamics.com/pg/x...tm#e150202
The second thing that I've said is that as bad as the US economy is,
China's economy is much worse.
