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

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/