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by jack9
3863 days ago
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Wrong. It's a spiral (after more than 3 consecutive years!) US, Mexico, Brazil, Greece have all gone through this and melted down. The US called it "the roaring 20's" which proceeded a great depression. Now, companies in the US rarely get to borrow to pay interest as they are generally liquidated by creditors or the profit generation is subsected from the death spiral. In this case, we see Chinese state sponsored industries affected. Comparative numbers are irrelevant. |
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