Re:China Frets: Innovators Stymied Here
by drieddust on Monday October 10, 2011 @07:17AM
(#3093256)
Non conformers are drowning in debt because instead of letting your financial system iron out its efficiencies; your governments have chosen to artificially inject stimulus which did nothing to help the situation.
Asian did not face this crisis because money and power is accumulated in the hands of few and they can actually withstand any financial meltdown because they are not answerable to any one.
Asian did not face this crisis because money and power is accumulated in the hands of few and they can actually withstand any financial meltdown because they are not answerable to any one.
http://www.dailymail.co.uk/news/article-1339536/Ghost-towns-...
Do you think in western economy any company or government can afford to do this?