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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
whola lotta steam left in the studies plus new macd cross , bullish
FTchinese have an article today talk about same thing, but better. FT said most debts in china about local government, central gov debt only 40% GDP.
in 2014 local goverment need to repay 1.6 TLN RMB, 2.5TLN in 15, 1.7 TLN in 16. local gov will have to borrow new debt to repay old.
i dont want to make comment on this article, but if things go wrong, it must be in next 3 yrs.
need some mono
gl
UK will have better nuke solution.
btw, china shale gas even worse than EU.