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> households save more than 30% with no place to invest while the corporate sector is burdened with debt So what the Chinese are proposing is not exactly an i
by coliveira 11y ago
> households save more than 30% with no place to invest while the corporate sector is burdened with debt
So what the Chinese are proposing is not exactly an investment, it is a transfer of debt from companies to individuals. Anyway, doesn't seem like an idea that would work -- investing in failing companies is a recipe for disaster.
- visarga 11y agoSame thing that happens everywhere: in 2008 in USA, in 2012 in Cypurs and now in Greece.