Why China had to crash: Part 2 | Real-World Economics Review Blog

One thing my 28 years as a card-carrying economist have taught me is that conventional economic theory is the best guide to what is likely to happen in the economy. Read whatever it advises or predicts, and then advise or expect the opposite. You (almost) can’t go wrong. Nowhere is this more obvious than in … More Why China had to crash: Part 2 | Real-World Economics Review Blog