China: The Behemoth That Is Suffocating Under It's Own Weight - podcast episode cover

China: The Behemoth That Is Suffocating Under It's Own Weight

May 19, 202035 min
--:--
--:--
Download Metacast podcast app
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description

China has been a major force in shaping the world economy of today. It was subject to one of the greatest booms in modern history, and many believe it is poised to take the title of the world's largest economy within the next decade or so. However, a closer look shows a struggling economy, drowning in the debt it created to drive itself to everlasting growth. What does China look like underneath the hood? In this episode, Rob tries to explain the details and how the problems stem from a basic misunderstanding of the fundamentals of economic thought.

For the best experience, listen in Metacast app for iOS or Android