China faces epic unintended consequences in its efforts to ‘manage’ everything. As Bloomberg rhetorically asks, what if a central bank cut interest rates and borrowing costs rose?
Well that didn’t work out as expected, eh?
China faces epic unintended consequences in its efforts to ‘manage’ everything. As Bloomberg rhetorically asks, what if a central bank cut interest rates and borrowing costs rose?
Well that didn’t work out as expected, eh?