Steel was recently targeted for a reduction in capacity. Photo: Reuters
Steel was recently targeted for a reduction in capacity. Photo: Reuters
Jake Van Der Kamp
Opinion

Opinion

Jake's View by Jake Van Der Kamp

My prediction: the coming collapse of China’s Ponzi scheme economy

So much production in industries like steel is based on demand for more production, but should that demand falter, the whole system could come crashing down

Steel was recently targeted for a reduction in capacity. Photo: Reuters
Steel was recently targeted for a reduction in capacity. Photo: Reuters
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