{"id":5329,"date":"2015-02-05T20:31:19","date_gmt":"2015-02-06T01:31:19","guid":{"rendered":"http:\/\/olduvai.ca\/?p=5329"},"modified":"2015-02-05T20:31:19","modified_gmt":"2015-02-06T01:31:19","slug":"world-heading-for-financial-crisis-worse-than-in-2008-chinas-dagong-rating-agency-head","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=5329","title":{"rendered":"World heading for financial crisis worse than in 2008 \u2014 China\u2019s Dagong rating agency head"},"content":{"rendered":"<h3 class=\"b-material__title\"><a href=\"http:\/\/itar-tass.com\/en\/economy\/775374\" target=\"_blank\">World heading for financial crisis worse than in 2008 \u2014 China\u2019s Dagong rating agency head<\/a><\/h3>\n<div class=\"b-material__info\">\n<div class=\"b-material__category\"><strong>A setback in the growth model focused on credit-based consumption may become a source of a new crisis<\/strong><\/div>\n<\/div>\n<p>BEIJING, February 4. \/TASS\/. The world economy may slip into a new global financial crisis in the next few years, China\u2019s Dagong Rating Agency Head Guan Jianzhong said in an interview with TASS news agency on Wednesday.<\/p>\n<p>&#8220;I believe we\u2019ll have to face a new world financial crisis in the next few years. It is difficult to give the exact time but all the signs are present, such as the growing volume of debts and the unsteady development of the economies of the US, the EU, China and some other developing countries,&#8221; he said, adding the situation is even worse than ahead of 2008.&#8221;<\/p>\n<p>&#8220;The current crisis in Russia is caused by Western countries\u2019 sanctions rather than internal factors. If we look at the US and the EU countries, their crises were caused by internal and not external factors,&#8221; the president of China\u2019s Dagong rating agency said.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>World heading for financial crisis worse than in 2008 \u2014 China\u2019s Dagong rating agency head A setback in the growth model focused on credit-based consumption may become a source of a new crisis BEIJING, February 4. \/TASS\/. The world economy may slip into a new global financial crisis in the next few years, China\u2019s Dagong [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[130,3245,312,3247,661,662,3246],"class_list":["post-5329","post","type-post","status-publish","format-standard","hentry","category-economics","tag-china","tag-dagong-rating-agency","tag-financial-crisis","tag-printing-press","tag-qe","tag-quantitative-easing","tag-world-economy"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5329","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5329"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5329\/revisions"}],"predecessor-version":[{"id":5330,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5329\/revisions\/5330"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}