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Thread: How long will US dollar's decline last?
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[quote=JIMMYB,277793]Marrie, you are right. A large amount of young people in China have debt or equity ratio because they enjoy over consuming as Americans (I should say that they just learn this from US). If you see one girl take out several credit cards in her purse, don't be surprised. I think that I am behind the times because I don't have any credit card in my wallet. As I have said, I am not fond of over consuming so that the credit card is useless. For these young married Chinese, they own debt to the bank because they have borrowed money from the bank to buy their houses.[/quote]
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