The End of China’s Rise
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Narrated by:
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Kevin Stillwell
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By:
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Daniel Lynch
About this listen
Over the past three months, uncertainty over the course of Chinese development has intensified, with a steady flow of mostly bad economic news: yet another plunge in the stock market, which was already crumbling and kept afloat only by massive state intervention; mounting corporate debt; and a hemorrhaging of foreign exchange reserves, to name a few. The reality is that China is staring economic stagnation in the face, and the ruling Chinese Communist Party (CCP) is panicking.
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Overall5 out of 5 stars 21,851
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Performance5 out of 5 stars 18,143
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Story4.5 out of 5 stars 18,053
Money - investing, personal finance, and business decisions - is typically taught as a math-based field, where data and formulas tell us exactly what to do. But in the real world people don’t make financial decisions on a spreadsheet. They make them at the dinner table, or in a meeting room, where personal history, your own unique view of the world, ego, pride, marketing, and odd incentives are scrambled together. In The Psychology of Money, award-winning author Morgan Housel shares 19 short stories exploring the strange ways people think about money.
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3 out of 5 stars
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Could be summarized in one sentence
- By Alex on 05-30-21
By: Morgan Housel