this post was submitted on 11 Aug 2023
479 points (89.7% liked)

World News

32162 readers
824 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
Rumblestiltskin@lemmy.ml
AgreeableLandscape@lemmy.ml
jackmarxist@lemmy.ml
zephyreks@lemmy.ml
OurToothbrush@lemmy.ml
479
Biden calls China a 'ticking time bomb' due to economic troubles (ground.news)
submitted 1 year ago by Fissionami@lemmy.ml to c/worldnews@lemmy.ml
1035 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] MrPloppy@lemmy.world 18 points 1 year ago (2 children)

While the US sits on $32 trillion of debt....

[–] acosmichippo@lemmy.world 10 points 1 year ago (2 children)

which doesn't really have anything to do with a healthy or unhealthy economy.

[–] Chilly@sh.itjust.works 3 points 1 year ago

It's a little different when you're the world's reserve currency.

[–] freagle@lemmygrad.ml -2 points 1 year ago (1 children)

LOL. Fistfuls of copiates.

[–] acosmichippo@lemmy.world 0 points 1 year ago

well stated good sir, you have truly changed my mind.

[–] tills13@lemmy.world 7 points 1 year ago

While the current amount is not great, debt itself is not a bad thing.