China's Guaranteed Bubble: How implicit government support has propelled China's economy while creating systemic risk

Category: Accounting
Author: Ning Zhu
4.0

Comments

by ameister14   2017-12-10
>The presence of a totalitarian ruler willing to constantly backstop markets prevents panics and actually makes the system work better.

Not really. Remember this? https://www.amazon.com/Chinas-Guaranteed-Bubble-government-p....