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While the US stock markets have been motoring to new highs, the Shanghai bourse has been hitting fresh 52 week lows.
Some of the easy money brought here came from the huge gains insiders got for cashing out their holdings in the newly public companies. The appetite for this type of speculation has been waning in recent times as the Chinese economy has been cooling (still booming though compared to us or Europe).
Sovereign Debt –A Crisis With No Easy Fix
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In this issue: Over the past two decades, the leading industrialized
economies of the G7 have undergone a profound structural change to their
national ba...
6 days ago
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