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Wednesday, March 17, 2010

China - The upcoming superbubble?

Interesting point of view. The article also mentions how China has under appreciated their currency, as well as the problem of inefficient growth.

China: the coming costs of a super bubble - China may seem to have defied the recession and the laws of economics. It hasn't. When China's bubble bursts, the global impact will be severe, spiking US interest rates.

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