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China's 'Minsky Moment' and an inevitable second referendum

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China's 'Minsky Moment' and an inevitable second referendum

Edward Harrison
Jan 22, 2019
Share this post

China's 'Minsky Moment' and an inevitable second referendum

pro.creditwritedowns.com

China's slowdown

Let's start with China today because yesterday the Chinese released their worst growth figures in 28 years. The 6.4% growth number was expected. Even so, the problems are large. Here's how Reuters described it yesterday:

China’s economy cooled in the fourth quarter under pressure from faltering domestic demand and bruising U.S. tariffs, d…

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