Where is Henry Liu? Depression in China

Doug Henwood dhenwood at panix.com
Thu Aug 19 17:02:36 PDT 1999


John K. Taber wrote:


>I would appreciate comments on this NY Times article.
>It sounds to me like Depression.

It's odd to fight a deflation/depression by prohibiting investment, since depressions are usually characterized by a collapse in investment, which every capitalist policymaker wants to prevent.

Doug



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