21 sats \ 1 reply \ @zuspotirko OP 22 Jun \ parent \ on: Chinas popped real estate bubble: Farmers plow fields between ruins econ
Some people still remember how it was a mainstream opinion to speculate on Japan becoming the biggest economy on earth back in the day
Exactly, and Japan had far more functioning market mechanisms than China. Still, Japan is a more controlled economy than much of the West and it's correspondingly a little bit poorer.
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