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I don't disagree overall, but I thought that China was relatively unaffected by the current crisis because of its massive currency reserves, which allowed it to
by akamaka 17y ago
I don't disagree overall, but I thought that China was relatively unaffected by the current crisis because of its massive currency reserves, which allowed it to ramp up spending and cheap loans.
- papersmith 17y agoThat's another part of the reason. :) If the hole is too big you won't be able to bucket out the water fast enough.