Tag: Credit Suisse

Written by lookingbeyondborders

In China It’s About Debt, Not Liquidity

The problem is that China does not really have a liquidity crisis; it has a debt crisis, and the debt crisis is the result of a slowdown in the economy. Despite claims from China’s National Bureau of Statistics that the economy is growing 7.7 percent, growth is more like 3 to 4 percent. And if […]

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Written by lookingbeyondborders

India Seen Curbing Widest BRIC Budget Gap to Boost Rate-Cut Room: Bloomberg

India’s government may curb spending growth in the budget tomorrow to pare the widest fiscal deficit in major emerging nations, seeking to boost the central bank’s scope to reduce interest rates as the economy falters. Finance Minister Palaniappan Chidambaram will keep deficit goals set in October of 4.8 percent of gross domestic product for the year through March […]

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