China Faces "Minsky Moment" on Ponzi Financing
MishTalk
MARCH 21, 2014
Gross Domestic Product (GDP) growth to 5.0% s 26% in 2000-2005. There is evidence that this debt growth has become excessive and non-productive. Based on our analysis, our baseline case is that China may slow from the current level of 7.7% over the next two years. That 80% increase over five years compares to the U.S.’s
Let's personalize your content