I’ve been reading a few not-so-in-depth articles about a huge bubble forming in China due to their currency being artificially devalued. Is there anything more detailed floating around?
I understand they are devalueing their currency in an effort to keep their exports cheap enough for american consumers to buy them. I imagine the central bank expansion necessary to accomplish this would be likely to cause a bubble somewhere. However I have not read anything that I could direct you to.
Here are a couple of articles posted on Mises not too long ago:
Don’t know if you have read those already, or want something more in depth.
What does that mean for us when the bubble pops, if one transpires.