China's debt crisis: U.S. threat, and opportunity

This entry was posted by Lagrangian Point on March 17, 2015 at 7:21 pm

China's debt crisis: U.S. threat, and opportunity

"China, fueled by runaway lending, has produced far more housing, steel, iron, and a host of other goods than it knows what to do with, amassing unprecedented levels of overcapacity and, by my estimate, making a staggering $2-$3 trillion in problem …

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