[quote=The-Shoveler]I truly hope we can get some type of deal, but anyway
XI said to prepare for hard times (they now have a generation that has never known hard times – 30+ years)
I doubt the regime can survive if there is any prolonged downturn.
We will see I guess.[/quote]
The Chinese have a lot more staying power to withstand economic adversity as the majority of the people in China are still poor and are use to being poor. Then again in America, the way you get around economic adversity (at least temporarily) is to relax borrowing standards, borrow or print more more money, give out more free public subsidies, and kick the can down the road….So it’s a stalemate. Different ways for two different worlds to cope with economic calamity
