The Deeper Dive: Chinese Ghost-Town Economics Tears Down the BRICS Façade
The dollar dominators are not all some are making them out to be.
To get a sense of how rapidly China’s economic dreams are crumbling, I wanted to track just one week of Chinese news in a “Deeper Dive.” The significance of China’s economic collapse hits in two vital areas — one bad for the US and one good.
The bad is that China’s slide into recession, as the second-largest economy in the world, is a pull toward recess…
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