October 3, 2021
From International Socialists
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Capitalism is an unstable system that plunges into crisis every decade or so. Financial markets crash, businesses go bankrupt, and workers are made to pay for the disaster through unemployment, attacks on wages and government austerity. A massive property development company in China, Evergrande, is $300 billion in debt. It’s collapse could bring down the house of cards that is the global economy.

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Source: Socialist.ca