/lit/ - Literature

>>17920201
>Countries that are dependent on China's new consumer market, ironically.
Still relatively small, due to Commie capital controls. Relatively.

>Seems more like smokes and mirrors. Trump made the body twitch a bit but it didn't really change that it's still a body.
Nothing to do with Trump, everything to do with the EU fucking up once and for all in the global financial crisis.

>Define economic pit.
To cut a very long story short, Japan produces less goods and services than it consumes, and makes it up by borrowing a huge amount of money, so much money that the interest repayment alone is projected to exceed the entire tax revenue of the nation in 20 years' time. It's exactly the same as you racking up credit card debt every month until the interest alone equals your gross salary.