“Magic” Collateral: A Frank Look At The Sheer Credit Horror About To Be Unleashed In China

Tuesday, March 11, 2014
By Paul Martin

by Tyler Durden

While the world is terrified about what China – where corporate bond defaults are now permitted – may be about to unleash on the world, most are all too happy to remain in a state of delightful ignorance. We decided to take a peek behind the scenes.

The Rest…HERE

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