{"id":8174,"date":"2013-07-28T20:10:18","date_gmt":"2013-07-29T00:10:18","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=8174"},"modified":"2013-07-28T20:10:18","modified_gmt":"2013-07-29T00:10:18","slug":"how-urban-chinese-workers-helped-cause-the-great-recession-quartz","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/07\/28\/how-urban-chinese-workers-helped-cause-the-great-recession-quartz\/","title":{"rendered":"How urban Chinese workers helped cause the great recession | Quartz"},"content":{"rendered":"<p>Hillary Rosner describes how the inflow of savings from China contributed to the US sub-prime crisis:<\/p>\n<blockquote><p>\u201cThe foreign reserve holdings of U.S. Dollars,\u201d the researchers write, \u201cwhich had been at less than 11% of U.S. GDP prior to 2000, grew rapidly after 2002; in fact they almost doubled over the 5-year period from 2002 to 2007.\u201d<\/p><\/blockquote>\n<p>Read more at <a href='http:\/\/qz.com\/103981\/how-urban-chinese-workers-helped-cause-the-great-recession\/'>How urban Chinese workers helped cause the great recession &#8211; Quartz<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hillary Rosner describes how the inflow of savings from China contributed to the US sub-prime crisis: \u201cThe foreign reserve holdings of U.S. Dollars,\u201d the researchers write, \u201cwhich had been at less than 11% of U.S. GDP prior to 2000, grew rapidly after 2002; in fact they almost doubled over the 5-year period from 2002 to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/07\/28\/how-urban-chinese-workers-helped-cause-the-great-recession-quartz\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;How urban Chinese workers helped cause the great recession | Quartz&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[41,45,10],"tags":[],"class_list":["post-8174","post","type-post","status-publish","format-standard","hentry","category-china-hk","category-debt-levels","category-housing-economy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How urban Chinese workers helped cause the great recession | Quartz - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How urban Chinese workers helped cause the great recession | Quartz - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Hillary Rosner describes how the inflow of savings from China contributed to the US sub-prime crisis: \u201cThe foreign reserve holdings of U.S. Dollars,\u201d the researchers write, \u201cwhich had been at less than 11% of U.S. GDP prior to 2000, grew rapidly after 2002; 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He writes on the problems facing China: At the end of 1989, Japan\u2019s bubble economy burst and its economic miracle came to an abrupt\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20572,"url":"https:\/\/thepatientinvestor.com\/index.php\/2020\/05\/23\/china-headed-for-recession\/","url_meta":{"origin":8174,"position":2},"title":"China headed for recession","author":"Colin Twiggs","date":"May 23, 2020","format":false,"excerpt":"China will not set a GDP growth target for the year ahead, the first time since the practice began in 1990. From Trivium China: All it took was a once-in-a-century global pandemic and economic crisis. The Chinese government finally dropped its annual GDP growth target, long the foundation for economic\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48273,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/02\/10\/crude-copper-recession-signals\/","url_meta":{"origin":8174,"position":3},"title":"Crude &#038; Copper recession signals","author":"Colin Twiggs","date":"February 10, 2024","format":false,"excerpt":"Crude prices are rising as risks in the Red Sea force shippers to route cargoes around the southern tip of Africa, increasing transit times and raising costs. Interestingly, Russian and Chinese ships have not diverted, seemingly immune to the threat of a Houthi attack. 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