OceanX radar: Doom & gloom at the IMF; China's new plan; Bought in the US of A
Here comes the rain again
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By Alex Lennane
This interesting but slightly alarming New York Times article looks at China’s economy – and says that depending on which economist you favour, the outlook could go one of two ways. But the author, the much-respected Tyler Cowen and a non-Keynesian, prefers the gloomier picture – which suggests that 30 years of very rapid growth can only end in tears.
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