Credit Crunch
China
China’s credit crunch causes global shockwaves
Credit explosion “unprecedented in modern world history” behind financial volatility
Vincent Kolo, chinaworker.info
World financial markets have been rocked again in recent days. First came the US Fed’s announcement last Wednesday (19 June) tha...
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China’s ‘Japanification’ worse than Japan’s
Socialist magazine editorial part 3 (the first and second parts of this article series were published on 5 September and 8 September 2024)
“Perhaps ...
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