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China’s Economy Is Destined to Collapse

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China’s Economy Is Destined to Collapse
Police officers and security block the way as they perform crowd control after an official flag-raising ceremony to mark National Day next to Tiananmen Square and the Forbidden City in Beijing on Oct. 1, 2021. Kevin Frayer/Getty Images
Tuomas Malinen
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I have been detailing the problems in the world economy in several of my previous posts. Now, it’s time to explain where it all began and why the situation in the global economy is so precarious. It all starts with China.

Tuomas Malinen
Tuomas Malinen
Author
Tuomas Malinen is CEO and chief economist at GnS Economics, a Helsinki-based macroeconomic consultancy, and an associate professor of economics. He studied economic growth and economic crises for 10 years. In his newsletter (MTMalinen.Substack.com), Malinen deals with forecasting and how to prepare for the recession and approaching crisis.
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