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b_b  ·  2084 days ago  ·  link  ·    ·  parent  ·  post: The $42 Trillion Bubble

I've read many, many articles over the last, say, 4 years that say "We're finally at the point where China is about to implode under the weight of its own debt." I can't say that this is not another one, but they're still always interesting to me. Remember that episode of Seinfeld where Kramer decides to drive the car until it runs out of gas? That's how I look at China now. They may go way farther than you ever thought they could, but eventually the tank is going to dry up.

Do you think that FAANG being devalued by Comcast getting to fuck them in the Ajit Pai era will adversely affect the Chinese debt feeding frenzy? Perhaps by leading to a selloff panic that could spread overseas?

The shoe has to drop at some point, right? Maybe if Trump's dumbass ever accidentally does anything positive it will be the resetting of our economic relationship with China after their debt bubble bursts (not that I think that's his trade war aim, but it may contribute to it).