-
Everyone's Freaked Out That China's 'Minsky Moment' Has Arrived
On the back of years of burgeoning credit growth, we're now seeing slower economic growth in China and a rising risk of domestic defaults. This has prompted many to ask has China's 'Minsky moment' arrived? The phenomenon is named after economist Hyman Minsky who articulated that periods of speculation and credit growth inflate assets, only to lead to end in crisis. Societe Generale's Wei Yao first brought this up a year ago. UBS economist Tao Wang argues that China's 'Minsky moment' isn't here. Wang points to a few reasons she thinks China pessimists are wrong. Pessimists are too focused on data at the start of the ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Mar 21, 2014 11:24am Mar 21, 2014 11:24am
- TheTopBloke
- | Joined Sep 2007 | Status: Forex God | 1035 Comments
- Comment #2
- Quote
- Mar 21, 2014 11:29am Mar 21, 2014 11:29am
- Spreadbetter
- | Membership Revoked | Joined Feb 2012 | 3235 Comments
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
- Comment #3
- Quote
- Mar 21, 2014 11:49am Mar 21, 2014 11:49am
- PA is King
- Joined Jun 2013 | Status: Member | 2571 Comments
- Comment #4
- Quote
- Edited 1:31pm Mar 21, 2014 1:16pm | Edited 1:31pm
- highway
- Joined Sep 2005 | Status: Member | 338 Comments
- Comment #5
- Quote
- Mar 21, 2014 2:46pm Mar 21, 2014 2:46pm
- Spreadbetter
- | Membership Revoked | Joined Feb 2012 | 3235 Comments
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
- Comment #6
- Quote
- Edited 3:15pm Mar 21, 2014 2:56pm | Edited 3:15pm
- frx_trader
- Joined Jun 2012 | Status: Analyst | 3129 Comments
- Comment #7
- Quote
- Mar 21, 2014 4:07pm Mar 21, 2014 4:07pm
- highway
- Joined Sep 2005 | Status: Member | 338 Comments
- Comment #8
- Quote
- Mar 21, 2014 5:03pm Mar 21, 2014 5:03pm
- NewtonsCash
- Joined Mar 2014 | Status: Member | 2586 Comments
- Comment #9
- Quote
- Mar 22, 2014 8:48am Mar 22, 2014 8:48am
- ladder
- | Joined Mar 2014 | Status: Member | 15 Comments