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42 sats \ 2 replies \ @cristaiji 27 Jun 2024 \ on: China: Industrial Profits Rising, Real Estate Bubble To Be Inflated Again econ
How long can the Chinese get away with these kinds of crazy fiat economic policies?
these systems are more robust than we all think. the Chinese also have the 'advantage' that they can literally hold a gun to their population's head when they want to deflate asset bubbles
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I was afraid you would say something like that but I basically agree. 👍
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