Rather like a mother with a new baby, the stock market always has something to worry about. A couple of years ago it was the collapse of the eurozone. Then it was the risk of rampant inflation as central banks kept printing money, followed by another panic over what might happen once the banks stopped printing money. And now? It is the state of the Chinese economy.
This week, we learned that China’s growth rate had dropped to the lowest level since 1999. Right on cue, the markets started to fall, and commodities took a hammering. There [...]
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