Wednesday 29 July 2015

China's Economic Crisis (2015), NOT About Sovereign Debt, Actually


On Youtube: https://www.youtube.com/watch?v=Wmda1wGspyg

China has some remarkable economic problems, but rapidly rising public spending isn't their root cause. This video shows how a single statistic in isolation can be very misleading, and how some opinion-makers may be trying to mislead us with factoids of this kind.