As a country that advocates social democracy and pure capitalism, clearing out bad assets is a matter of course. The biggest problem in the US is that it has become reformist.
In 2008, those insurance companies, financial institutions caused such a big mess, and the result was using national funds to bail out the market. Not eliminating them is the biggest problem in the US. If the US were truly ruthless, and cleared out those trash financial companies, China would need to bide its time and keep a low profile for 20 years.
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The core issue in the US is not the kill zone.
As a country that advocates social democracy and pure capitalism,
clearing out bad assets is a matter of course.
The biggest problem in the US is that it has become reformist.
In 2008, those insurance companies,
financial institutions caused such a big mess,
and the result was using national funds to bail out the market.
Not eliminating them is the biggest problem in the US.
If the US were truly ruthless,
and cleared out those trash financial companies,
China would need to bide its time and keep a low profile for 20 years.