China's Vulnerability to Economic Slowdown

The podcast discusses the vulnerability of China's economy and the possibility of an impending financial crisis. The guest, Thomas Dersterberg, argues that China's economy is weaker than commonly believed and lacks internal means to stimulate growth. He highlights the Chinese government's systematic undermining of global economic institutions and the negative impact on international trade. The country faces economic problems such as a real estate Ponzi scheme, overleveraging, and a debt-ridden government. Dersterberg suggests that China relies on financing from the West and trade surpluses to sustain its growth.