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The world’s second-largest economy just decided, with one of its top African partners, to do away with the use of the US dollar (africa.businessinsider.com)
submitted 2 months ago by to c/world
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[–] 2 points 2 months ago (3 children)

China could probably raise even more debt than America. I'm just looking forward to number go up

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  • [–] 4 points 2 months ago

    China's total debt burden is already larger than that of the United States and has long surpassed 300 percent of its GDP. The public debt accounts for more than 40 percent of the total debt, but has been rising sharply in recent years.

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