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23min chapter
Why Chinese Economy Is Heading For Stagnation, Not Collapse
Geopolitics Decanted by Silverado
Corruption, Ghost Cities, and the Chinese Economy
This chapter discusses the issue of corruption and central planning in the Chinese economy, highlighting the impact on resource allocation and the phenomenon of ghost cities. It compares the housing sector in China to that of Spain and raises questions about the potential disastrous effects on the Chinese economy. The chapter also explores the deflationary effect of China's economy on other countries and the implications for global inflation.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode