Loading ...Copy that. They kept the “ball” or “game” (artificial stimulus) going after 1975 until 2008 when they hit a solid brick wall when the Americans “gave up” paying off debt on crashing real estate.
The “emerging markets” were CREATED with US consumer and tax dollars. It was a no brainer to me in 2008 that China et all would get hurt, go backwards, were peaking when Americans stopped spending. They get hurt.