Everyone is a genius when credit is surging

Discussion in 'Fundamental Analysis' started by ForexLive, Jan 20, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Chinese policymakers no longer omnipotent Martin Wolf a hard look at the Chinese transition to a service driven economy from a manufacturing one. takes He writes that an unsustainable rise in credit is largely behind the improvement and what is needed is higher consumption and less saving.

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