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China stock market crash, the real thing? [Steve Keen / Forbes]

August 25, 2015

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There was a little bit of excitement on Wall Street today. Driven by China, perhaps, or perhaps the financial side effects of falling nominal oil prices? Or maybe the realization among the ruling class that for the next 4 years, their mouthpiece will have that special taste which only Trump can leave.

Let’s start with China. Here is everyone’s favorite proponent of combining engineering systems mathematics with economics, Steve Keen:

http://www.forbes.com/sites/stevekeen/2015/08/24/china-crash-you-cant-keep-accelerating-forever/

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One Comment
  1. Keep you eyes on Ukraine…unlikely they can service their debt to Russia due 23rd September.

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