pipe on Nostr: China doesn't "eat the loss", tho. Because it is now effectively pegged to the dollar ...
China doesn't "eat the loss", tho.
Because it is now effectively pegged to the dollar and cannot inflate and rollover debt, it demands collateral and calls in the collateral or threatens to do so during loan renegotiations.
Published at
2023-11-20 14:34:07Event JSON
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