will end up invested in Chinese growth as firms try to outcompete
themselves to move jobs to Asia!
Borrowing short to invest long is a necessity of competitive forces
and so to remain market leaders firms are unwittingly sowing new seeds
of different crisis, which may emerge as a Chinese led recession
alongside commodity cost inflation for advanced economies once the
money comes back to haunt them, excluding all but those on strong
price positions.
Print too much money and you get inflation. Deflation is regional as
firms vacate to occupy areas where they expect growth. China is
overheating and money will become more expensive there as authorities
try to keep a lid on inflation through involuntary deposits with the
central bank.
Nobody wants to risk investing in people within the advanced world!
So charge more for education as an emergency solution and thereby
choke off your economies' long term futures as talents migrate away!