Dinny McMahon â Chinaâs Great Wall of Debt
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For a long time, the world has considered China as an example of economic success, but those days may be over. In this episode, Cole Smead is joined by Dinny McMahon, author of the book Chinaâs Great Wall of Debt. Dinny takes a deep dive into Chinaâs financial system and gives us a sense of how the countryâs complex and âdysfunctionalâ economy works from the ground up. Dinny also explains why Chinaâs economic growth has slowed down, how the accrual of debt has played a role, and why the âChinese Miracleâ has come to an end.
Dinny McMahon â Chinaâs Great Wall of Debt