By: Cliff Kincaid | America’s Survival
With all the talk of debt and deficits in the U.S., Chris Temple of the National Investor looks at the global significance of China’s Evergrande financial mess and its banning of cryptocurrency, among other issues. He says China’s debt bomb is about to explode, making the global situation very dangerous, especially militarily. He credits the Biden Administration for the nuclear sub deal with Australia but wonders if it will develop the technologies such as new nuclear energy reactors that could lead to the “green” future Biden has promised.
