Looming property default in China raises fears of broader crisis

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#7
Quote:The authorities are trying to wean the economy off excess credit after a $16 trillion spike in loans since 2009 - equal in size to the entire US banking system

It conveniently ignores the fact that the shadow banking and other financing in the US is much much bigger than the banking system.

What a joke?
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RE: Looming property default in China raises fears of broader crisis - by freedom - 18-03-2014, 11:54 PM

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