The Dig: Clash of Empires w/ Ho-fung Hung
Jacobin Radio
00:00
China's Problem After the 2008 Rebound
After 2009 and 2010, the strong rebound, you see the Chinese economy start to slow down drastically. So it is slowed down and then a situation of accumulation of debt is the two things that define the Chinese economy after the 2008 rebound. And each time they leave a stronger dose of debt and in fact become small and smaller just like an addiction.
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