Re:China CCP to Nationalize Jack Ma's Alibaba and Ant Group ...
by bobthepanda on Tuesday January 12, 2021 @03:07AM
(#25743750)
So, Lost Decade Japan on steroids. A massive debt hangover after an asset bubble pop, deflation for a decade, and worse employment prospects and economic conditions for young people.
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Re:China CCP to Nationalize Jack Ma's Alibaba and Ant Group ...
by Ericson2314 on Tuesday January 12, 2021 @03:08PM
(#25752742)
It's silly to think that smaller portion of working age population -> worse employment prospects. That process is very possible but relies on higher order effects.
You can't just blindly apply the economics of traditional liberal economies to a 21st century high tech illiberal economy.