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> debt holders get pissed

To understand what this actually looks like, read Hank Paulson's Dealing with China where he describes speaking with Chinese leaders during the 2008 crisis. The Chinese are massive holders of US dollars and did not find TARP or quantitative easing amusing.

https://www.amazon.com/Dealing-China-Insider-Economic-Superp...

neom · 2019-08-14 · Original thread
I'd encourage you to read this book, it certainly made me think differently about China: Dealing with China: An Insider Unmasks the New Economic Superpower by Henry M. Paulson

https://www.amazon.com/Dealing-China-Insider-Economic-Superp...

Read Hank Paulson's book, Dealing with China. That's a the former CEO of Goldman Sachs who opened the Chinese banking markets, and became Secretary of Treasury, overseeing the financial collapse here in 2008 (1). It's from 2015, goes up through October 2014.

He knows Xi. Well. Read that book.

https://www.amazon.com/Dealing-China-Insider-Economic-Superp...

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