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lunes, 16 de julio de 2012

If these structural deficiencies aren't properly addressed by the central government, things will get worse...


China's Catastrophic Deleveraging Has Begun


1. The frustrated and aggressive central bank

2. The systematic short-circuit of debt financing's in order
3. The over-leveraged economy and unsustainable bubbles 

4. Bust the myth of China's transition towards consumption-led economy
5. The end game is coming ...

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