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@economics-that-works

What the heck trying to seems to have learned nothing from GC their economy is faltering and one of the major problems has been a crash in the property market, which should sound a little familiar to those of us who are old enough to remember 2008.

Injecting money into a banking sector that’s not going to lend because they don’t think anybody can pay back the loans it’s not going to help
🧵
(Pay wall because FT)
https://www.ft.com/content/7c106fa8-f450-41a8-91c9-97f055d95b58

#china #economics