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Tag Archives: ambrose evans-pritchard
Evans-Pritchard: 2012 could be the year Germany lets the euro die (15)
There will be no Chinese credit explosion this time, no real help from post-bubble India or over-stretched Brazil. It will be a global downturn on all fronts, aborting what remains of recovery even before industrial output in the OECD bloc … Continue reading
Evans-Pritchard: Bond sale puts Italy to the test (15)
Italy faces a crucial test on Thursday as the technocrat government of Mario Monti launches its first big auction of long-term bonds since a disastrous upset a month ago. The outcome will set the tone for a string of debt … Continue reading
Evans-Pritchard: China’s epic hangover begins (15)
China’s credit bubble has finally popped. The property market is swinging wildly from boom to bust, the cautionary exhibit of a BRIC’s dream that is at last coming down to earth with a thud. It is hard to obtain good … Continue reading
Posted in Featured
Tagged ambrose evans-pritchard, china economy overheats, eu debt crisis
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Evans-Pritchard: China's banks
Fitch Ratings has been warning for some time that China’s lenders are wading into dangerous water China’s banks are veering out of control. The half-reformed economy of the People’s Republic cannot absorb the $1,000bn (£600bn) blitz of new lending issued … Continue reading