Sustainable vs Unsustainable

Two superpowers, two charts.

From Mao Money Mao Problems:

Readers will of course draw their own conclusions.

My main conclusion is that America’s monetary system is a batshit-insane securitisation-fuelled bloated head and shoulders top, and that China’s is far more sustainable because it is driven by savings and not by speculation and securitisation.

But I think most of us already had a hunch of that.