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The two are not necessarily the opposite of each other, I remember visiting Japan for the first time after hearing Japan had been in a relative economic slump f
by dageshi 7y ago
The two are not necessarily the opposite of each other, I remember visiting Japan for the first time after hearing Japan had been in a relative economic slump for near decades, at the time I recall thinking "if that's what economic slump looks like I'll take some of that...".
In retrospect it's possible to see a thriving economy as the apex of a bubble but almost impossible to determine that at the time. The thing about China is though, it has had a phenomenal level of growth for a very long time, one would think this cannot go on forever and at some point their system must be tested by a real recession.