Is China or the U.S. More Vulnerable?

#218 What are the headwinds facing China that could slow economic growth, but still could lead to China growing faster than the U.S. Also, what is going on with Turkey and are other emerging market countries vulnerable to the same plight? Thanks to Circle Invest for sponsoring today's episode.

For show notes and more information on this episode click here.

• [1:07] Is China or the US more vulnerable to economic downturn?
• [4:55] Why have emerging markets done so poorly recently?
• [8:51] The concept of balance of payment is reviewed and examined in a case study of Turkey
• [16:20] Emerging markets are doing better than in previous years
• [20:35] The 3 reasons why China is more vulnerable than the US
• [22:25] What China has to do in order for their economy to continue growing quickly

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