Common Sense Magazine

Wall Street Univesity #13: Caution towards China

In this episode, Nick talks about investing in China. Is China really all it’s hyped up to be or a bubble waiting to burst. Nick analyzes the positives and negatives that affect China’s economy and what pitfalls can cause a correction in the country’s growth.

Nick also reviews the news about Dubaiworld’s default and surging gold prices. He also explains the economic concept of fractional reserve banking.