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Daily Archives: October 7, 2015
Some ‘concrete’ thoughts on ‘sub-merging’ China
Some good big picture in this clip. Former U.S. Treasury Secretary Lawrence Summers discusses risks from emerging markets and the changing nature of China’s economy. Here is a direct video link.
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Global recession in motion
Although Willem Buiter works for Citigroup, he is close to retirement and more apt to call things as he measures them rather than simply spew the usual sell-side swill. His base case is that the world is heading into the next … Continue reading
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