Re:When It Comes to China, Google’s Experience Still Says It...
by morgante on Wednesday August 03, 2016 @06:06PM
(#12221930)
> And is it really crazy for the West to demand a level playing field in exchange for keeping China from economic collapse?
I think the US should demand that China reduce restrictions, not that we should increase them.
> government take on additional interest-bearing debt instead does not seem particularly attractive when the Chinese are the ones who will end up collecting interest on the loan
Why not? Personally, I find the obsession with debt entirely counterproductive. If the government can seemingly borrow endless sums of money with incredibly low interest, why not borrow as much as we can?
Especially since, as you said, we could actually benefit from a bit more inflation.
I think the US should demand that China reduce restrictions, not that we should increase them.
> government take on additional interest-bearing debt instead does not seem particularly attractive when the Chinese are the ones who will end up collecting interest on the loan
Why not? Personally, I find the obsession with debt entirely counterproductive. If the government can seemingly borrow endless sums of money with incredibly low interest, why not borrow as much as we can?
Especially since, as you said, we could actually benefit from a bit more inflation.