Monday, November 14, 2011

The US is to China what Italy and Greece are to Germany

The euro zone and yuan-dollar currency systems point to the looming valuation and consumer demand problems facing the trading partners


Tom Holland
Nov 11, 2011

It was "risk-off" all over again in Asia yesterday. Stock markets across the region tumbled after Italian government bond yields entered the perceived default danger zone above 7 per cent....

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