October 11, 2021· 52 min
Michael Pettis on What Evergrande Means for China’s Macro Economy
Orality
Model
81%
Oral-dominant (speeches, podcasts, storytelling)
Speaker Breakdown
HostJoe Weisenthal(2,054 words)
M:94%
HostTracy Alloway(1,072 words)
M:28%
GuestMichael Pettis(4,837 words)
M:27%
Oral Indicators
Agonistic44%
obviously, very, huge
Engagement59%
you, our, your
Memory Aids100%
listen, so, now
Repetition100%
china (77x), know (70x), growth (63x)
Parallelism100%
So why would I pay for stuff I..., And I'm Tracy Alloway...., So, Tracy, we've been talking ...
Sound Patterns47%
41 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases2%
i mean
Literate Indicators
Hedging9%
quite, could, might
Passive Voice6%
be distributed, was seen, be distributed
Abstract Nouns22%
investment, business, verizon.com/business
Subordination10%
since, because, whereas
Sentence Length49%
Avg: 17.4 words/sentence
Word Complexity49%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style41%
516 personal pronouns found
Descriptive Style100%
exactly, apply, monthly
Description
The implosion of Evergrande continues. And nobody knows exactly how the losses will be distributed. What will be the impact on creditors or people who have put down payments on homes that haven't been built yet? And what will the ripple effects be on other credits? In addition to the financial fallout, there's also a macro angle. Real estate is extremely important to the Chinese economy for all kinds of reasons. And what happens in China has effects on all of its trading partners. To explain what comes next, we spoke with Peking University Finance Professor and Senior Carnegie Fellow Michael Pettis. See omnystudio.com/listener for privacy information.