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‘There’s No Money Right Now’: China’s Building Boom Runs Into a Great Wall of Debt A building splurge in this impoverished pocket of rural China ended in half-finished projects and … Read more
via realclearpolitics: Putting this all together, as news coverage of the Paris protests has ramped up, discussion of the protests’ origins as a rejection of climate change taxes has rapidly faded. … Read more
via hedgopia: US companies are sitting on tons of cash, and are also spending tons in dividends and buybacks. As they continue to pay back shareholders, debt load – rising – … Read more
by Anthony B Sanders The good news? The Fed continued to unwind its $4.4 TRILLION balance sheet. The bad news? The Fed is shrinking it at sloth-like speed. As an … Read more