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China posts weakest growth in 29 years as trade war bites

3 Comments
By Stella Qiu and Kevin Yao

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Japan's corporations are richer now than they ever were during the bubble. They hold most of their wealth offshore to avoid paying tax and pretend they're poor. Japanese workers are being conned. Their wages are half of Australia but they never question authority so their descent into serfdom under the keiretsu system is nearly complete.

So true.

Just found out today that my in-laws just remodeled their kitchen for the same price we paid for our auction house...¥6000000.

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Japan's corporations are richer now than they ever were during the bubble. They hold most of their wealth offshore to avoid paying tax and pretend they're poor. Japanese workers are being conned. Their wages are half of Australia but they never question authority so their descent into serfdom under the keiretsu system is nearly complete.

1 ( +1 / -0 )

Eventually near zero like Japan

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