Exactly, but they're in a much worse position than Japan was. They also have giant property bubbles, but a MUCH worse government, a much worse generational divi

Exactly, but they're in a much worse position than Japan was. They also have giant property bubbles, but a MUCH worse government, a much worse generational divide, a MUCH worse demographic bomb, and no seeming exit from the "we manufacture things" road onto something more sustainable. Having 1.4 billion people doesn't help either.