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China’s Model of Dictated Economic Growth Blew Up

Summary:
What’s left of the debt-fueled property speculation that drove growth is a huge explosive mess and an enormous amount of debt.

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What’s left of the debt-fueled property speculation that drove growth is a huge explosive mess and an enormous amount of debt.
Wolf Richter
Founder, Wolf Street Corp. In his cynical, tongue-in-cheek manner, he muses on WOLF STREET about economic, business, and financial issues, Wall Street shenanigans, complex entanglements, and other things, debacles, and opportunities that catch his eye in the US, Europe, Japan, and occasionally China.

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