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Pfuzylogic · M
Our debt ration to GDP is better than most countries and our economy is much better than Russia and China unless you live in some alternate universe!
sree251 · 41-45, M
@Pfuzylogic Russia's debt to GDP is 18%. China's situation is different because it doesn't have a freewheeling economic system like ours. We are like a bunch of cats. China's economy runs like its high speed rail system.
Pfuzylogic · M
@sree251
China is choking on its own real estate. Older Chinese are suffering because they can’t move into what they put a down payment on. in other words they set up their senior citizens for a financial hole.
Russia serves putin and a war they didn’t choose. If they say something to push back they are executed and their economy sucks. They have NO diversity of exports. Oil and that’s it!
China is choking on its own real estate. Older Chinese are suffering because they can’t move into what they put a down payment on. in other words they set up their senior citizens for a financial hole.
Russia serves putin and a war they didn’t choose. If they say something to push back they are executed and their economy sucks. They have NO diversity of exports. Oil and that’s it!
sree251 · 41-45, M
@Pfuzylogic Why do we care how China or Russia is doing? This thread is about the US national debt that ought to be a concern to us. The Chinese is running China, and the Russians are running Russia, but who the hell is running the US Government?
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