Biden calls China a 'ticking time bomb' due to economic troubles
Biden calls China a 'ticking time bomb' due to economic troubles
ground.news Biden calls China a 'ticking time bomb' due to economic troubles
U.S. President Joe Biden on Thursday called China a "ticking time bomb" because of its economic challenges and said the country was in trouble because of weak growth.
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While the US sits on $32 trillion of debt....
which doesn't really have anything to do with a healthy or unhealthy economy.
It's a little different when you're the world's reserve currency.
While the current amount is not great, debt itself is not a bad thing.
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