China’s economy now teeters on the brink of a Fisherian debt-deflation spiral, challenging long-held assumptions about its growth model and policy effectiveness. China appears to be ignoring crucial lessons from Japan’s lost decades.
https://x.com/DrJStrategy/status/1869003160465060046?t=gBtp1Lc7Dy7DgYMa9jot6A&s=35

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