The Chinese property bubble has just burst, here’s what you need to know
The David McWilliams Podcast
00:00
The World Is Far Too Complicated to Understand Everything
The polybr and china are just human. They're just humans trying to make decisions under conditions of profound, profound uncertainty. The world is far too complicated to understand everything. Economics assumes that we are unbelievably clever living in anan incredibly unsophisticated world, an easy world. That's not how we are at all. And we are unbelievably dumb living in an unbelievably complicated world.
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