Quote:
Originally Posted by Cowboy89
It only works until you can no longer borrow any more.
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I'm no economist so forgive my ignorance, I imagine as currencies (debt) become less attractive the interest rates will rise and rise to make the debt more attractive until the economy is crippled.
Debt will also cripple everyday people when this happens right?
China doesn't necessarily have to sell much foreign debt, they could just stop buying it.