June 29, 2020· 38 min

This Is Why The China Bubble Never Seems To Pop

Tom Orlik

Orality

Model

65%

Mixed oral/literate (blogs, casual essays)

Speaker Breakdown

HostTracy Alloway(2,010 words)

M:29%

HostJoe Weisenthal(1,137 words)

M:28%

GuestTom Orlik(3,214 words)

M:28%

Oral Indicators

Agonistic37%

literally, completely, very

Engagement49%

you, our, your

Memory Aids100%

listen, now, so

Repetition100%

china (63x), they (54x), sort (42x)

Parallelism88%

And I'm Tracy Alloway...., But, yes, this idea that we ha..., But it still seems like consum...

Sound Patterns82%

57 question(s), alliteration: "markets move", alliteration: "barclays brief"

Formulaic Phrases9%

let me tell you, you know what, i mean

Literate Indicators

Hedging9%

quite, rather, might

Passive Voice3%

be when, be resolved, been used

Abstract Nouns22%

investment, recommendation, notion

Subordination7%

although, because, since

Sentence Length41%

Avg: 15.3 words/sentence

Word Complexity47%

investment, analyze, anticipate

Academic Markers0%

Impersonal Style51%

342 personal pronouns found

Descriptive Style94%

literally, completely, lately

Description

For years and years, the Chinese economy has been characterized as a bubble, with too much debt, and a history of badly thought out, state-directed investment. Yet, for all of the dire warnings, the economy has continued to grow, and there hasn’t been a reckoning. So why is this? Is it only a matter of time before things all fall apart? Such questions are even more urgent in the wake of the COVID crisis, and questions the stability of the Chinese growth model during a time of weakened demand for Chinese-made goods. On this week’s episode, we speak with Tom Orlik, the Chief Economist at Bloomberg, and the author of the new book "China: The Bubble That Never Pops." He explains China’s resilience, and what could ultimately come back to haunt the Chinese economy. See omnystudio.com/listener for privacy information.

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