The money network:

The money network:

Why crowdfunding threatens traditional bank lending

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?

January 2012

Ned Davis’s different take on the US debt problem



Government debt – It is widely quoted that US sovereign debt is a relatively low 65% of GDP, compared with an estimated 102% OECD estimated world reading and, say, 120% for Italy or 135% for Greece. Yet the US government debt could be much higher than the average, depending upon what is included in the calculation....


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