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submitted 1 year ago by yogthos@lemmy.ml to c/worldnews@lemmy.ml
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[-] ruck_feddit@lemmy.ml -1 points 1 year ago

Investment is nice, but when the yuan is worthless to the euro or dollar it means that investment can be easily bought. China not paying on it's debts means the banks of the world devalue their currency. That means China has no purchasing power.

[-] yogthos@lemmy.ml 0 points 1 year ago
this post was submitted on 11 Jul 2023
10 points (61.9% liked)

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