An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Ambrose Evans-Pritchard — China's leaders refuse to blink as economy slows drastically
Premier Li Keqiang is determined to drive through deep reforms and wean the economy off exorbitant levels of debt before the damage becomes irreversible
All part of the American's hegemonic plan. The Chinese sent their kids to American universities, we taught them how to be crackpot economists! Part of the propaganda war and disinformation??? Maybe it was planned, all along by the neoliberals. hmm.
Possibly a good idea. If current rates of demand and growth are sustained by exhorbitant private sector debt, then they are unsustainable and a source of systemic risk.
2 comments:
All part of the American's hegemonic plan. The Chinese sent their kids to American universities, we taught them how to be crackpot economists! Part of the propaganda war and disinformation??? Maybe it was planned, all along by the neoliberals. hmm.
Possibly a good idea. If current rates of demand and growth are sustained by exhorbitant private sector debt, then they are unsustainable and a source of systemic risk.
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