3 ms·
Without markets you have no business cycle so yes they can avoid recession forever. The cost is the loss of benefits of markets. That is not just China though.
by saas_co_de 9y ago
Without markets you have no business cycle so yes they can avoid recession forever. The cost is the loss of benefits of markets.
That is not just China though.
Since 2008 the entire world is following the same interventionist policies.