CNN Fareed Zakaria GPS December 14, 2014 15:32:00
Chinese economy, the head of morgan stanley. the newest bubble forming in the financial sector. the carpet, ulprit, injecting l money into the economy through real estate boom and the shadow banking system. given the crackdown on these two sectors now, the liquidity is now flowing into the stock markets. no one is talking about a crash. but what would a sustained slow down in china mean for the global economy? while people worry about europe's slump and its implications, europe is not that significant. by contrast, china, which in 2007 replaced the united states as the largest engine of global...
Source: archive.org