Posts with Keyword “bail-out”

China has a unique opportunity to deflate its real estate bubble under the cover of the collapse of a mismanaged, greedy company. It would be a gigantic mistake that would lead to tragic consequences if China were to bail out this company.

As the COVID-19 pandemic continues to aggravate, the mid- to long-term economic and social costs will be tremendous. Dramatic changes in the economic and soc...