>>11
ignoring the problem
The problem isn't being ignored, it is only being ignored by the state, which is a good thing. You see if the state intervenes it will need to tax the people who are solving the problem, the unemployed trying to retrain so they can start a new career, the students trying to complete their education, the businesses trying to restructure and the entrepeneurs looking for capital.
The state is already bloated stuffed full of cash, it already has all the money it needs and it doesn't matter if it borrows this money from China because this only lowers everyone else's credit rating and depletes a significant proportion of global capital, meaning it's more expensive for everyone else, essentially a stealth tax.