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Yup! Additionally the Chinese government is not a smart investor, and that's led to overcapacity. Eventually these bad investments will punish China, but it ma

• 6stringmerc 10y ago
  I saw a different thread about how China embraced mobile payments. One of the benefits was a consumer could pay a farmer directly using the mobile payment. My first thought following reading that was "Yeah, and then the Farmer transfers that money into the stock market, and creates the bubble effect that is only corrected by direct intervention not allowing it to go down naturally."