China's Economic Crisis Has Just Gone From Bad To Terrifying

The Japanese asset price bubble (バブル景気, baburu keiki, "bubble economy") was an economic bubble in Japan from 1986 to 1991 in which real estate and stock market prices were greatly inflated.[1] In early 1992, this price bubble burst and Japan's economy stagnated. The bubble was characterized by rapid acceleration of asset prices and overheated economic activity, as well as an uncontrolled money supply and credit expansion.[2] More specifically, over-confidence and speculation regarding asset and stock prices were closely associated with excessive monetary easing policy at the time.[3] Through the creation of economic policies that cultivated the marketability of assets, eased the access to credit, and encouraged speculation, the Japanese government started a prolonged and exacerbated Japanese asset price bubble.[4][/i]

It's going to be like this only worse. Or the late 90's Asian crisis.

Thank God for Trump beginning decoupling BEFORE their economy began to crumble. It may be the only thing that saves us.
 
The Japanese asset price bubble (バブル景気, baburu keiki, "bubble economy") was an economic bubble in Japan from 1986 to 1991 in which real estate and stock market prices were greatly inflated.[1] In early 1992, this price bubble burst and Japan's economy stagnated. The bubble was characterized by rapid acceleration of asset prices and overheated economic activity, as well as an uncontrolled money supply and credit expansion.[2] More specifically, over-confidence and speculation regarding asset and stock prices were closely associated with excessive monetary easing policy at the time.[3] Through the creation of economic policies that cultivated the marketability of assets, eased the access to credit, and encouraged speculation, the Japanese government started a prolonged and exacerbated Japanese asset price bubble.[4][/i]

It's going to be like this only worse. Or the late 90's Asian crisis.

Thank God for Trump beginning decoupling BEFORE their economy began to crumble. It may be the only thing that saves us.
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Amazing how well a "managed" by experts economy does versus an economy managed by a free choice market economy. The Japanese managed economy failed. Now the Xi managed and regulated chicom economy is in a world of debt hurt. Cuba, Venezuela, North Korea - all doing so well. Of course, 81 million alleged dem voters and our mythical MBA all jumped on the need to have experts manage the US economy and borrow money to invest in such great ideas as expensive inefficient energy, restrain free market oil and gas production and invest in open borders and US woke public education. More great results. At least Milton Friedman isn't in charge anymore.
 
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