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The Decade of a Rising China: 10 Years After the Financial Crisis

It is 10 years in September since Lehman Brothers went bankrupt bringing global capitalism to the point of collapse.

  • Jenny Clegg
  • CounterPunch

Although the crash did not finally lead to a total meltdown, it triggered a slump of 1930s proportions and for most economies the last decade has been a lost decade of low growth, low investment, low productivity, marked by debt and deficit, with virtually no improvement in real incomes for the…

Juk 1aThe stand-out story of the period has to be the continuing rise of China.

Initially, the economy was also badly hit by the crisis, but…

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