nakedempire


The American Empire in a Changing World



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Tuesday, October 11, 2011

'China's debt spree returns to haunt'

from the telegraph......

"Bail-outs are coming thick and fast in China. In less than a week the authorities have had to step in to prop up the banks, rescue the insolvent railway system and save the near bankrupt city of Wenzhou from a spectacular debt crash"...........READ MORE

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