China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

The truth about Asian investment banking

Monday, March 14, 2011

Bond Outlook by bridport & cie, March 9 2011


Every central bank has tightened or expects to, except the Fed. Inflation lets debt decline. Is someone whispering as much in Bernanke’s ear? Does that mean a QE3 come June?


Bond Outlook

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