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Japanese companies bought into US real estate, infrastructure, corporations etc. in the 90s then had to relinquish much of it at cut rate prices. Same will hap
by nwatson 9y ago
Japanese companies bought into US real estate, infrastructure, corporations etc. in the 90s then had to relinquish much of it at cut rate prices. Same will happen here I imagine.
- HumanDrivenDev 9y agoChina faces even more serious problems that Japan did at the time. Much of the country still lives in poverty and there's no social safety net.
- qaq 9y agoFortunately US has a very developed social safety net.