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Monday, February 5, 2018

China credit rating firm, Dagong, is right about USA afterall.

https://sg.finance.yahoo.com/news/treasury-may-borrow-nearly-1t-070500158.html

The USA has to issue almost USD$1T of bonds to finance its spending in 2018 and Trump's tax policies will add USD$2T of debt.

It will be a matter of time that people will lose their confidence in USA repayment ability.

http://sg-stock.blogspot.sg/2018/01/there-are-valid-points-in-dagong-credit.html

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