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China took Japan's model and instructed it thousands of local banks to make loans for productive investment. So China financed a shit ton of companies and peopl
by mempko 6y ago
China took Japan's model and instructed it thousands of local banks to make loans for productive investment. So China financed a shit ton of companies and people to start building.
It most certainly is a lack of money that prevents building.
The best thing you can do for building is to give smart people a lot of money and get the fuck out of the way.