The Traderszone Network

Published in TZ Latest News 4 July, 2016 by The TZ Newswire Staff

"China Is Headed For A 1929-Style Depression"

Authored by Sue Chang via MarketWatch.com,

Andy Xie isn’t known for tepid opinions.

The provocative Xie, who was a top economist at the World Bank and Morgan Stanley, found notoriety a decade ago when he left the Wall Street bank after a controversial internal report went public. Today, he is among the loudest voices warning of an inevitable implosion in China, the world’s second-largest economy.

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