George Soros, The World Economy’s Shifting Challenges. Project Syndicate, Jan 2, 2014 www.project-syndicate.org/commen ... gly-shaped-by-china
(“The major uncertainty facing the world today is not the euro but the future direction of China. The growth model responsible for its rapid rise has run out of steam. * * * But there is an unresolved self-contradiction in China’s current policies: restarting the furnaces also reignites exponential debt growth, which cannot be sustained for much longer than a couple of years")