Nonsequitur: Bad News for the World Economy?

September 2, 2015

china-great-wall

Gordon Chang has been warning of China’s economic risk-taking for some time. But in a recent article in The National Interest, Chang documents China’s severe difficulties in defending its currency and stock. It is not a pretty picture. If the situation is as dire as Chang presents, then the world economy is in for a rough ride beginning very soon.

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