"Econ 102" with Noah Smith and Erik Torenberg cover image

Why China is Primed for Economic Carnage Worse than the US Financial Crisis of 2008

"Econ 102" with Noah Smith and Erik Torenberg

00:00

China's Real Estate Crisis: Echoes of 2008 and its Global Implications

This chapter examines the troubling decline of China's real estate market, drawing parallels to the 2008 U.S. financial crisis. It discusses the potential economic impacts on Western nations and the intricate challenges posed by China's opaque banking system amidst this downturn.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app