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by codersbrew
3811 days ago
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You can't expect China to keep growing at double digit rates. Everyone's GDP normalizes over time ( see Japan, South Korea etc) and China is no exception. Add to that a debt bubble because of cheap lending. Also, weren't most companies taking out bonds or loans to do stock buybacks to drive share prices up. The slowdown is going to hurt most of the developing world while the dollar gets stronger as folks flee their markets. |
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