Quote:
Originally Posted by _Richard_
i'm not so sure that china wouldn't let the US fail, money is money
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correct, money is money, if China lets US fail it will lose money because:
1. US is the main importer for them
2. US economy collapse will lead to decreased or negative profit rates on Chinese investment projects.
3. US collapse will affect other US trade partners most of which trade with China as well.
All mentioned above will lead to trade and financial imbalance which will result in the entire economy imbalance and of course it will start the well known "snowball effect".