15 Sep
Today the West is styled, a ready-made doctor is Keynesian
Posted in Uncategorized on 15.09.10
Today the West is styled, a ready-made doctor is Keynesian. Many people in Western China policy responses much appreciated, just as there see hope in the Soviet Union, like, this is not ridiculous it? How can China reform and opening up and linked with the old Soviet Union?
“South Wind”: China is using the Keynesian rescue plan, this and other free economies, compared with what the difference? What is the impact of the difference between it?
Xiaonian: to save what City ah? West, houses on fire, to burn down the building, had to rely on government fire-fighting. Our house did not catch fire, the financial system is basically sound, there is no risk of system crashes, you nervous about? You learn to Americans desperate splashing water everywhere, spreading fire extinguishing agent, do you? Our problem is the economic structural imbalances, fiscal stimulus, monetary policy can not cure the disease structure, Keynesian used in China is irrelevant, somehow.