Well stated - our debt to GDP is nothing to brag about. While it would be easier for us to correct ours due to a more diversified economy. They have an advantage in that they can go back to their totalitarian roots and they don’t have a social welfare system that bleeds the treasury nor do they worry as much about “public opinion.”
” nor do they worry as much about “public opinion.””
I’m laughing but sad to say, you’re right. They could care less if 100 million Chinese starve. “Economy tanked. Nuts. OK.”