Re: China Crash 2011 - Part I: The repetition compulsion of central bankers – Part I: Let us raise up then crash the economy, again - Eric Janszen
What is never mentioned in any such analysis is the difference between lending and using equity capital to fund the expansion of the economy. Each time we meet a roadblock, everyone always turns to adjusting lending, rather than finding ways to return to good old fashioned equity capital.
China has to learn the usefulness of equity capital, invested at arms length, on free enterprise terms, for the long term development of their economy.
They should read this and then come and talk. http://www.itulip.com/forums/showthr...Trust+Response
What is never mentioned in any such analysis is the difference between lending and using equity capital to fund the expansion of the economy. Each time we meet a roadblock, everyone always turns to adjusting lending, rather than finding ways to return to good old fashioned equity capital.
China has to learn the usefulness of equity capital, invested at arms length, on free enterprise terms, for the long term development of their economy.
They should read this and then come and talk. http://www.itulip.com/forums/showthr...Trust+Response
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