Huh…TIL! I thought he was SA
Huh…TIL! I thought he was SA
I’ll lend him my bootstraps at the same rate as my student loans: 12.5%
Disclaimer: I am not American
Both of Taylor Swift’s parents are hedge fund managers. One of the most successful popstars of the current generation not only had access and training from a young age, she was able to fully commit to her passion. There is something to be said for natural talent and beauty, but how many other equally talented and beautiful people are out there just grinding at a dead end job instead of making music or art?
China needs buyers. If the US stopped buying from China, it would be the same situation in China. Their economies are so intertwined that a war between them, even just financially, would ruin both
The US pays it’s bills. China defaulting devalues it’s currency, making payment necessary in dollars. The US has a hard limit on how much yuan it will exchange for dollars to prevent a run on the currency. China cannot get enough dollars to pay the bill, while the US is the one country in the world to which China can’t just say “lol no.” Assets will be forfeit or one sided deals favoring the US will come out of this. The devaluation of the primary currency of a major trade partner means their goods cost less and their interest increases
I guess you missed the news story about China defaulting on $1 trillion in US debt?
It could also rhyme with Blamazon
On second thought, let’s not go to /b/. 'Tis a silly place.