Friday, July 13, 2012

BBC VIDEO: Michael Pettis - Professor of Finance at Peking University: "... part of China's problem is that it had been "massively over-investing."

Michael Pettis is the Professor of Finance at Peking University and he told the BBC part of China's problem is that it had been "massively over-investing."
AND WITHOUT SOMETHING CHANGING IN A BIG WAY, THE WHOLE DANG HOUSE OF CARDS IS GONNA COME CRASHING DOWN.

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