Sunday 29 November 2015

“It Is All Rather Scary” – Chinese Debt Snowball Gaining Momentum

Submitted by John Rubino via DollarCollapse.com, Financial crises can happen quickly, like the bursting of the tech stock bubble in early 2000, or slowly, like the late-1980s junk bond bust. The shape of the crash depends mostly on the asset in question: Equities can plunge literally overnight, while bonds and bank loans can take a...

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