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Govt doesn't print money. Central Bank does. Govt then borrows money from Central bank. China has been printing too much . 6$ of lending creats just 1 $ of growth in china. Now somebody will have to pay those 5$ . You can name it anything , you can shuffle it around . But bottom line is when...

That is not because of trade deficit but high fiscal deficit which now is under control hence clamoring for india rating upgrade. China rating was recently downgraded why???it is still has huge surplus??? You clearly don't understand a thing. India has more than enough foreign reserves . India...

You didn't even read what I posted above did you. Deficit is not debt. And no china can't write off debt whether it's in yuan or popcorn . Printing more money creates more debt not absolves it.!!!!! But I guess no point arguing economics with you. You clearly are living in another world. So I...

Most countries currency is Fiat currency. :facepalm: why do even bother posting about economics.:smash:

This is borderline delusion. A debt is a debt and somebody has to pay it. If chinese govt writes off the debt than it's revenue would collapse and fiscal deficit will need to be increased to insanely proportions. That will take chinese credit rating to junk standard. Investment in china would...