China debt bubble contagious

The debt bubble in China has helped to push levered capital into realty and financial markets around the world…When the bubble bursts in China, the shock is also likely to further deflate world demand and asset markets.

George Magnus, author and senior economic advisor at UBS, discusses China’s debt buildup, the economy and the possibility of a financial crisis in the country. Here is a direct video link.

This entry was posted in Main Page. Bookmark the permalink.