My guess: bad for China but not a disaster for the rest except for the usual rent seeking problems which are already there.
Why China's stock market implosion may not be very meaningful by Isabella Kaminska
"Casino Capitalism": Economist Michael Hudson on What's Behind the Stock Market's Rollercoaster Ride
Why China's stock market implosion may not be very meaningful by Isabella Kaminska
"Casino Capitalism": Economist Michael Hudson on What's Behind the Stock Market's Rollercoaster Ride
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