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Financial news I consider important, with my opinion, which is worth as much as you paid for it.
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Tuesday, November 15, 2011

How bad off is China?

Jim Chanos, my favorite investor, spoke of a statistic I cannot correlate.
He stated that if you look at the "implicit" debt obligation  is 200% of China's GDP.
Notice Chanos did not provide the same analogy for the US.

Both videos a great watch.





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