they would be, it's called saving. Every day I sell my stuff for promises of being able to get stuff for free tomorrow. It so happens that China has a ferociou

they would be, it's called saving. Every day I sell my stuff for promises of being able to get stuff for free tomorrow. It so happens that China has a ferociously large savings rate as a consequence of a terrible social safety net - there's a lot on the literature of this, Brad Setser is a good person to read regarding this.