[Son House]

Remember this? Seems growing the economy can’t be done by Stimulus, in the long term. China also had no debt like the USA does.

Chinese economic stimulus program
http://en.wikipedia.org/wiki/Chinese_economic_stimulus_program
he 2008–2009 Chinese economic stimulus plan is a RMB¥ 4 trillion (US$ 586 billion) stimulus package announced by the Central People’s Government of the People’s Republic of China on 9 November 2008 as an attempt to minimize the impact of the global financial crisis on the world’s second largest economy.

[muawiyah]

China has a substitute for debt that works just as well to stagnate things ~ it's called 'a spare billion people'. Even as the number two economic powerhouse in the world, everybody there is still, on average, hopelessly impoverished.

Those spare billion would not, even with a doubling or tripling of income, be able to capitalize on their newfound wealth. Rather, fewer would starve, or die young, or be slaughtered as babies.

More hootches would be built, but they'd be the same mud-walled tarpaper augmented roof designs everybody else has. Pig breeding would not be done in a more elegant fashion ~ that being limited to the amount of food available, and no more fields would be put to the plough than they are now able to work.

The ducks would quack, the noodles would slurp, green onions would pop up in protected window boxes ~ and China ~ the real China ~ would slumber on into the immedate post neolithic future!