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Category Archives: Main Page
New American dream: rented housing and public transit
One of the most useful strategies for rebuilding financial strength and savings in households is the choice to avoid or pay down debt while renting and taking public transit. Turn key rentals and a bus pass are increasingly being chosen … Continue reading
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Chanos on China’s unfolding credit crunch
Jim Chanos, of Kynikos Associates, discusses evidence of ‘Ponzi’ finance now coming apart in China as well as unwinding effects in the commodities sector. Here is a direct video link.
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Debt weighs on China too
Doubts over China’s unexpectedly strong trade figures are mounting after Hong Kong reported its imports from the mainland. The numbers are far less than what China announced a few weeks back. Here is a direct video link. The Chinese growth … Continue reading
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