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The second China shock is landing on Europe, where the first one landed on the United States.

Drawn from what Adam Tooze said

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What Adam Tooze actually said

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  1. Adam Tooze

    Economic historian, Kathryn and Shelby Cullom Davis…

    In China shock 1.0 the key target was the US. In China shock 2.0 it is Europe.

Added to korrents 29 Jul 2026 · How quotes work · Something wrong? Tell us

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