Comments by "S Suwandi" (@ssuwandi3240) on "Many Chinese Developers to Default in 2022, Economist Collier Says " video.

  1. Goldman Sach bought Evergreen debts. Japan was famous in their inclusive network at that time when over half of the value in the Japanese stock market consisted of 6 Keiretsu - Mitsui, Mitsubishi, Sumitomo, Fuyo, Sanwa, and Dai-Ichi Kangyō Bank (DKB) Group - cross-shareholdings. I still think that's the best strategy by utilizing the trust and strength of network. Although that is no longer a favorable model Japan still maintains an exclusive market in terms of driving the domestic demands, therefore has achieved decades of stable price and low inflation. Interesting take because you can see the effect of the opposite strategy when China stepped in in 2008. The US has lost many strategic domestic industries and capabilities to China. Overall pros and cons.
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