Sabri Oncu wrote:
> 
> 
> > Even more important, how long can the unhealthy codependence of the US and
> > Chinese economies last?
> 
> As long as China and the rest of East Asia hold this much of US
> Treasuries, it may last for many years to come.

Consider this under the heading of "pure capitalism" uncomplicated by
un-capitalist national lines. Would it be a problem if instead of  China
& the U.S. we were dealing with two counties in California? If not, why
not? If so, why?

Carrol

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