Should we be worried about the health of the world's second-largest economy - China?  It’s officially in deflation and interest rates are going down in order to stoke up a very weak economy that is facing a huge property crash thanks to a mountain of debt.  If it plunges into recession it would almost certainly affect the rest of the world. 

To discuss further Joe spoke to the former Goldman Sachs Strategic Adviser Jens Nordvig who now runs a think tank called Exante.