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Fear and loathing in Davos

Spectre of Communism

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Is China Going to Come to the Rescue of Capitalism?

In an article that you recently wrote in Socialist Appeal, does it appear in the paper? It should be available at the time this episode goes out. So if you're in Britain, do pick up a copy. You say that unlike in the recession of 2008, 2009, China will not come to capitalism's rescue this time around. Well, that's quite a prediction. We'll have to see how that unfolds. And I think this organic crisis that the whole world economy is going through and has been going through since 2008,. you can see it particularly reflected in China in the property market.

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