Comment from the peanut gallery- Ok the U.S. in done, as far as history is concerned it's next up. Consumers buying stuff makes the modern world go around. Countries that bought U.S. debt did so not because they liked America but was in their interest to sustain its internal consume demand. Consumer spending fueling GDP in the EU/U.S. is 50-68%, with the collapse of this absorption the challenge for China is growing internal demand and reigniting external demand, a tall order for any ascendent power
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