What Economists Still Don’t Get About the 2008 Crisis

Re:What Economists Still Don’t Get About the 2008 Crisis by paulpauper on Monday July 30, 2018 @02:33PM (#17646781)

China is not fudging the numbers. otherwise, it would imply that major US companies that do business with China are also fudging their numbers. Trade with china has surged in recent decades.

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Re:What Economists Still Don’t Get About the 2008 Crisis by bbstevecou on Monday July 30, 2018 @03:37PM (#17647303)

they ARE fudging the numbers

China’s 2015 GDP Was Exaggerated By Fake Data, Analysis Shows

https://www.bloomberg.com/news/articles/2018-02-01/china-s-2...

China's average GDP growth has been roughly 30% less than reported, based on the measures of its changes in national lighting

https://www.investors.com/politics/editorials/new-study-shin...

Another Chinese city admits 'fake' economic data

https://www.reuters.com/article/us-china-economy-data/anothe...

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Re:What Economists Still Don’t Get About the 2008 Crisis by polskibus on Monday July 30, 2018 @02:36PM (#17646823)

They could fudge, using subsidies and dumping. For example free overseas shipping for most small items from Ali Express.

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Re:What Economists Still Don’t Get About the 2008 Crisis by InitialLastName on Monday July 30, 2018 @02:53PM (#17646958)

THat's not fudging; China has a deal with the USPS where they get to ship to anywhere in the US essentially for free.

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Re:What Economists Still Don’t Get About the 2008 Crisis by polskibus on Monday July 30, 2018 @03:09PM (#17647084)

I was talking worldwide not just to the US. Shipping to the US is an example of sth completely different - US actually paying for being taken over https://www.google.pl/amp/s/www.forbes.com/sites/wadeshepard...)

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