The China-US co-dependency is akin to the Concorde (pyramid)...

  1. Osi
    15,730 Posts.
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    The China-US co-dependency is akin to the Concorde (pyramid) game and may end in the same way.

    For reasons stated by Menta, China will IMHO continue to buy mezzanine quality Treasuries and Trump will attempt to hold off a full personal bankruptcy by to printing money and increasing the US debt level.

    That said both engines have every potential to snuff regardless of what is done in the cockpit. Other key global engines in the EU and other BRICs states aren't doing too well either. Maybe Russia hopes to gain something out of chaos but a more likely scenario could be a clean sweep of current political regimes. The swamp may truly get drained.

    cheers
    Last edited by Osi: 15/01/18
 
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