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47 sats \ 2 replies \ @Satosora 14 Oct 2024 \ on: China's Deflationary Spiral: A Threat to Global Fiat Currency Systems? econ
I am curious to know if their collapse will really effect us. They do hold a lot of our currency, right?
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20 sats \ 1 reply \ @TomK OP 14 Oct 2024
Dont forget the immense trading volume
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47 sats \ 0 replies \ @Satosora 14 Oct 2024
Yes, but I imagine the US and other countries could live without chinas junk. You could always move the manufacturing to india.
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