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Bad Debt Soars 35% In China As Government Set To Fabricate Dismal Loan Data

Bad Debt Soars 35% In China As Government Set To Fabricate Dismal Loan Data Back in March, we noted that decelerating economic growth and bad debt are taking a toll on profitability at China’s largest banks, leading them to slash payouts to shareholders. “Particularly hard hit is ABC, which saw its non-performing loans jump 25bps Q/Q,” we […]

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Is The Fed Still Fabricating Loan Creation Data? Bank Of America Would Like To Know

Is The Fed Still Fabricating Loan Creation Data? Bank Of America Would Like To Know Just under a year ago, when looking at aggregate loan creation by America’s banks, we stumbled upon something strange: there was a massive discrepancy between what the Fed, in its weekly call reports, said was weekly US loan issuance – which the […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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