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>and their economy is rife with state sponsored excess funded by debt. Whereas the US is better with state sponsored VC funded debt ? >but they do tend to del
by ohdeargodno 1y ago
>and their economy is rife with state sponsored excess funded by debt.
Whereas the US is better with state sponsored VC funded debt ?
>but they do tend to deliver things that are actually desired and economically valuable given the right pricing incentives.
No, they don't. Any look at the market in the past 15 years will tell you that they don't, and that nothing major or of value has been produced by "the market". It's all propped on debt and infinite money printing.