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Tuesday, November 10, 2015

Moody's warns of global shockwaves as fallout from China slowdown threatens growth prospects

http://www.cityam.com/228347/moodys-warns-of-global-shockwaves-as-fallout-from-china-slowdown-threatens-growth-prospects

The credit ratings agency also said that policymakers may find it difficult to act against potential shockwaves as they "lack the ample fiscal and monetary policy buffers" needed to stave off troubles.'' -- See also China Factory-gate deflation extends record stretch to 44 months.

Is this the same Moody's who said subprime mortgages were  triple AAA investments that Moody's?

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