From University of Sydney adjunct professor Adrian Blundell-Wignall:
Years of rapid debt accumulation have left China facing a “major financial danger”, which in turn poses an economic threat to Australia’s future prosperity, University of Sydney adjunct professor Adrian Blundell-Wignall warns.
…”Just because we dig holes in the ground and we build houses, we think we are a smart country that hasn’t had a recession in 28 years,” Dr Blundell-Wignall said.
