Monday, December 15, 2008

Debt Rattle, December 15 2008: A Loaded Freight Train

Unknown Shanghai Funeral June 22 1932Ward Road, Shanghai Ilargi: I�ll do a different sort of intro today. Michael Pettis puts his fingers on all the most painful spots in the article below, and that deserves as much attention as he can get, in my view. It's important that people start to understand what he talks about. Over the past year, I have repeatedly written about the dangers facing

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