…financial markets such as the one described in this article, or last week’s two bank runs. This has been happening with increasing frequency in China during the past 2-3 years. We saw similar in the US in the late 1920s, Latin America in the late 1970s, Japan in the late…
— Michael Pettis (@michaelxpettis) June 25, 2020
There are 900 words left in this subscriber-only article.
YOU MAY ALSO BE INTERESTED IN
The dangers of international student quarantine
A new report (above) has found that New
Macro Morning
By Chris Becker Wall Street stumbled on
Macro Afternoon
Following the bounce on Wall Street
A warning to Britain on Australia's immigration system
The Economist reports that the UK Boris Johnson