Original message details are unavailable.
Cool stuff D4. But it ignores that Japan had the same problem and the companies solved it in apparently the same way that the Chinese are looking to do.
It ignores nothing. If anyone is ignoring anything, it is you who is ignoring that China is the second-largest economy (and one of the fastest growing) in the WORLD whereas Japan in comparison wasn't even relevant as a power back in the 80s, and Japan's economy has been waning for the past 20+ years.
Even then, it's not even remotely comparable to China's situation. Japan had (and still does have) a free-reign economy while China's is ruled with an iron fist (and China sure as hell isn't going to give up any reigns on their market anytime soon), so that shoots down your argument right then and there. Furthermore, Japan tried to curb their situation by increasing inter-bank lending while China is well...basically converting their currency to another (it's slightly more complicated than that, but that's the gist of it) all the while spending their reserves, which is easily the most idiotic thing anyone can do economically speaking.
Two completely separate circumstances, therefore comparing apples to oranges.
You're not very good at this, are you?
"Revenge...is like a rolling stone, which, when a man hath forced up a hill, will return upon him with a greater violence, and break those bones whose sinews gave it motion."- Jeremy Taylor
29-Mar-2016 13:47:48
