China Now Beginning to Feel Hangover from Lending Boom - Government May Assume Some Local Debt

By Trader Mark
02 June 2011 @ 01:57 pm EDT

Long time readers may remember some stories I wrote in 2009 as the Chinese 'economic miracle' took place.   In February 2009 I asked if the Chinese simply were repeating the Alan Greenspan gameplan in [Feb 16 2009: Is China Pulling an Alan Greenspan?]

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