Comment

Peach Pit: "Look Out!"

117
Belafon11/15/2021 7:48:22 am PST

re: #114 Hecuba’s daughter

We survived 2008 and prior fiascos. China will likely recover from this one. OTOH Japan never recovered from the collapse of its stock market in the 1990’s.

We survived because while we had some shaky industries, our government was still financially secure enough to borrow to help them recover. Is China in that position?