It’s interesting watching how China has reacted to having the same problem. By helping build infrastructure in other nations they help create the economic conditions required for permanent job creation. More jobs leads to more pay, more pay leads to more purchasing power, and more purchasing power leads to more imports.
China is creating consumers rather than juicing them. Not that their ideas are innocent, but they are more coherent and beneficial.
It’s interesting watching how China has reacted to having the same problem. By helping build infrastructure in other nations they help create the economic conditions required for permanent job creation. More jobs leads to more pay, more pay leads to more purchasing power, and more purchasing power leads to more imports.
China is creating consumers rather than juicing them. Not that their ideas are innocent, but they are more coherent and beneficial.