Storm in a China teacup
China’s problems don’t signal the end of the world: a stagnant Europe and Brexit pose bigger dangers for us. So keep calm, think economic cycles, and come out of the bunker
I see headlines talking about ‘market turmoil’, that China’s heading for a meltdown and apparently I should care about the Kazakhstani Tenge’s devaluation or something. What’s going on? Like, should I be stocking up on canned goods and shotgun shells?
No. You should calm down. Turmoil is a state of unrest, ambiguity and uncertainty, but it is not the end of the world because a few rich...
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