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China is already in a downfall. Did you not notice the stock market crash, strict capital control, prevention of outward investment by companies, outlaw of bit
by askgoranything 9y ago
China is already in a downfall. Did you not notice the stock market crash, strict capital control, prevention of outward investment by companies, outlaw of bitcoin, etc? Don't rule out the messege, just because of the messenger. Here are some others:
- China central bank warns against 'Minsky Moment' due to excessive optimism (non gordon chang)
http://www.reuters.com/article/us-china-congress-debt-minskymoment/china-central-bank-warns-against-minsky-moment-due-to-excessive-optimism-idUSKBN1CO0D6 http://www.reuters.com/article/us-china-congress-debt-minsky...
- China’s debt surpasses 300 percent of GDP https://www.cnbc.com/2017/06/28/chinas-debt-surpasses-300-percent-of-gdp-iif-says-raising-doubts-over-yellens-crisis-remarks.html https://www.cnbc.com/2017/06/28/chinas-debt-surpasses-300-pe...
- Why China Lost About $3.8 Trillion To Capital Flight In The Last Decade https://www.forbes.com/sites/insideasia/2017/02/22/china-capital-flight-migration/#76f64b4c4a37 https://www.forbes.com/sites/insideasia/2017/02/22/china-cap...
- S&P says downgraded China as credit growth still too fast
http://www.reuters.com/article/us-china-economy/sp-downgrades-china-says-rising-debt-is-stoking-economic-financial-risks-idUSKCN1BW18Z?il=0 http://www.reuters.com/article/us-china-economy/sp-downgrade...