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China’s Financial Bubbles Remind Us of Scams like Britain’s South Sea Bubble

Summary:
It never ends well: to clean up mountains of bad debts, the Chinese regime has employed debt-for-equity schemes that could leave countless ordinary investors in deep trouble. Original Article: “China’s Financial Bubbles Remind Us of Scams like Britain’s South Sea Bubble” This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Powered by WPeMatico

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It never ends well: to clean up mountains of bad debts, the Chinese regime has employed debt-for-equity schemes that could leave countless ordinary investors in deep trouble.

Original Article: “China’s Financial Bubbles Remind Us of Scams like Britain’s South Sea Bubble”

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

Powered by WPeMatico

Mises Institute
The Mises Institute, founded in 1982, teaches the scholarship of Austrian economics, freedom, and peace. The liberal intellectual tradition of Ludwig von Mises (1881-1973) and Murray N. Rothbard (1926-1995) guides us. Accordingly, we seek a profound and radical shift in the intellectual climate: away from statism and toward a private property order.

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