Chinese debt, inequality and the Eurozone: thoughts from Michael Pettis

Michael Pettis is a Professor at Peking University in Beijing, and writes lengthy but infrequent blog posts here. He is author of The Great Rebalancing, a fascinating take on global trade and financial imbalances as the cause of the 2008 recession and its aftermath and resolution. In this short video, he talks about the problems of Chinese private debt, inequality around the world, and the future of the Eurozone in the aftermath of Brexit, including its possible breakup.

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