Will the US debt and economic decline affect boxing financially?
I'm from the US but I can't deny China is freaking scary. I have a degree in computers but i invest heavility in micro chips and other technological innovations here in themSilicon Valley. China own 60% of the world's largest corporations in the top 10. Their surplus of $3 plus trillion is enough to buy the entire economy of Britiain. Plus they almost owe no money to anyone except the world owes them. The US is officially in a recession. How would our economic woes affect boxing's future?