by Summary:
I was right about China (2016)...
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
I was right about China (2016)...
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
Jeremy Smith writes UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…)
Robert Vienneau writes The Emergence of Triple Switching and the Rarity of Reswitching Explained
Lars Pålsson Syll writes Schuldenbremse bye bye
Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.
| I was right about China (2016)... |
to be fair a lot of chinese grownth has been vased around investing in and building large cities that sit empty, millions tied up in real estate nobody wants because its better to pay workers to work rather than pay the unemployed to sit at home, but that massively undermines property values and is unsustainable, that along with a terrible birth to death rate giving them a top heavy aging population dependant on a tiny group of kids to support them and you have a recipy for an all out disaster