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Wednesday, August 05, 2015

THE REAL REASON CHINA’S A BASKET CASE, AND THE REAL SIZE OF THE CLIENTELE THAT BENEFITS FROM THE SHADOW BANKING SYSTEM

https://hat4uk.wordpress.com/2015/08/05/revealed-the-real-reason-chinas-a-basket-case-and-the-real-size-of-the-clientele-that-benefits-from-the-shadow-banking-system/
How did this happen? I wonder if, like me, around three years ago you suddenly found that the MSM was asking you to redefine China as a mega-debtor, having consistently told you for the fifteen years beforehand that China was an Asian Tiger-creditor likely to eat the US alive by 2030. Today The Slog provides all the numbers and timelines to show how the world is being pushed to disaster by just one thirty-seven thousandth of the world population….with the full support of the political class.
The world today – from climate via sexual peccadillo to money – is so complex that nobody (I believe) has a proper steer on what’s really going on. But when it comes to the state China’s in, there are some very clear pointers from past and present to see where it all went wrong. Needless to say, we shall be rounding up all the usual suspects in this analysis.

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