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A comment on Circulating in China’s Financial System: More Than $200B in I.O.U.s. Parent comment

Re:Circulating in China’s Financial System: More Than $200B ... by sschueller on Thursday August 08, 2019 @05:21AM (#20642958)
Didn't you just describe student loan or credit card dept? Those depend on the economy growing so people can pay them back later. If the economy stops growing and people loose they jobs they will start to default on those loans.
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Re:Circulating in China’s Financial System: More Than $200B ... by mschuster91 on Thursday August 08, 2019 @09:02AM (#20644082)
Student loans in the US are bankruptcy-exempt.
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