China's deflationary weakness is a radical change from the 1980s-1990s boom where China was the most significant factor driving global growth due to high volatility around its growth rate.
causalpending
Speaker
Paul PodolskyEvidence Quote
“China was the most significant factor because the volatility of their growth, even though the overall level of growth was less than the United States, the vol around it was higher. So, they drove more of global growth.”
Source
Bridgewater Alum Paul Podolsky on What Russia Tells Us About the Future of the Global Order— Bridgewater AssociatesCreated: 8/12/2026, 10:29:19 PM
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