Evercore's Hyman Says China Is a Mess and Will 'Blow Up'

Evercore's Hyman Says China Is a Mess and Will 'Blow Up'

Assessment

Interactive Video

Business

University

Hard

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The video discusses China's economic challenges, focusing on its growing debt and money supply. It highlights the discrepancy between debt growth and GDP growth, both in China and globally. The video also examines the impact of China's job creation on the global economy, noting the significant number of new jobs compared to other countries. Despite predictions of a hard landing for China's economy, the timing remains uncertain due to continuous economic leveraging.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main economic challenges facing China as discussed in the video?

Lack of technological innovation

Low agricultural output

Unsustainable debt levels

High unemployment rates

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do experts often get the timing wrong about China's potential economic collapse?

Because of political interference

Because the economy is too small to predict

Because the debt grows faster than the economy

Because of inaccurate data

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the growth rate of bank loans in China as mentioned in the video?

5%

8%

13%

20%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many urban jobs were created in China last year according to the video?

2 million

5 million

10 million

13 million

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential impact of China's job creation on the global economy?

Reduction in foreign investments

Increase in consumer spending

Decrease in global trade

Stagnation of technological advancements