China faces the risk of a debt-deflation loop
The country should stimulate consumption with spending on education, healthcare and public housing
Source: moneycontrol.com
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China risks a debt deflation loop but could avoid a lost decade if it plays its cards right, Morgan Stanley says
"China's policymakers will need to act forcefully. If they don't, the economy could fall into a debt deflation loop."
Source: yahoo.com
China faces deflation risk as consumer, producer prices plunge
With consumer price inflation at 0%, producer prices have seen their fastest plunge in seven years
Richard Koo Wang Qing Golden Credit Rating International Chinese National Bureau Of Statistics Chinese National Bureau Odd Lots
Source: qz.com
Michael Hudson: Finance Capitalism vs. Industrial Capitalism – The Rentier Resurgence and Takeover
Yves here. This is another tour de force from Michael Hudson, derived from a paper he presented in early January at the UPRE session during the annual ASSA meeting. This time he turns from his recent focus on the economically destructive but oligarchy-advancing practice of sanctifying debt to another favorite topic, the evolution of capitalism. Hudson looks from the early Industrial Revolution onward and demonstrates that the dominance of financial capital over industrial capital was neither th...
Source: nakedcapitalism.com