China’s Colossal Hidden-Debt Problem Is Coming to a Head - (When you add hidden local government debt - china’s debt burden is HIGHER than the US!) - Kotaku In Action 2 - The Official Gamergate Forum

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China’s Colossal Hidden-Debt Problem Is Coming to a Head - (When you add hidden local government debt - china’s debt burden is HIGHER than the US!) (archive.is)

posted 1 year ago by NatalieBiden 1 year ago by NatalieBiden +25 / -0

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– Ender910 3 points 1 year ago +3 / -0

From what I understand, one of China's levers of influence over the US is that they threaten to fuck with the value of the USD because of how much cash they've hoovered up over the decades.

If remotely accurate, I'm beginning to wonder how empty this threat really is. This news could potentially give the US some leverage, if they had the balls to take advantage of it.

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