On the Theory of Chinese Ideology
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Some have rightly argued that the origin of the current global economic crisis came from Japan where its deflationary economy, which started in the early 1990s, grew into a twenty-five year depression fuelled by rising public debt, endless quantitative easing and a shocking drop in the country’s birth rate. Are we following the path of Japan, or the “Japanese disease”, in Europe or in America? If so, what should be the remedy for this contagion? On the Theory of Chinese Ideology offers convincing answers to the most fundamental questions facing the global deflationary economy today.
Beschrijving
(1)
Some have rightly argued that the origin of the current global economic crisis came from Japan where its deflationary economy, which started in the early 1990s, grew into a twenty-five year depression fuelled by rising public debt, endless quantitative easing and a shocking drop in the country’s birth rate. Are we following the path of Japan, or the “Japanese disease”, in Europe or in America? If so, what should be the remedy for this contagion? On the Theory of Chinese Ideology offers convincing answers to the most fundamental questions facing the global deflationary economy today.
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