Archive for August 3rd, 2010

As Ponzi Schemes Collapse the Chinese Government Fears Civil Unrest

Tuesday, August 3rd, 2010

by Tyler Durden ZeroHedge.com 08/02/2010 Submitted by Israel’s Financial Expert China’s Shark Loan Ponzi Finance- As Ponzi Schemes Collapse the Chinese Government Fears Civil Unrest Local governmental officials that are demanded from the government to produce double digit GDP growth numbers give real estate developers permits to build housing projects in return for bribes.... »

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