China's unprecedented economic crisis worries the rest of the world
www.lemonde.fr
After years of exceptional growth built on local government and private-sector debt, the world's second-largest economy is facing the bursting of its real estate bubble and a severe slowdown.
  • culpritus [any]
    ·
    1 year ago

    "Any headline that ends in a question mark can be answered by the word no."

    https://en.wikipedia.org/wiki/Betteridge's_law_of_headlines

    3rd paragraph:

    While the mood is gloomy, experts agree that the bursting of a '08 Lehman Brothers-style speculative bubble is unlikely.