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Politics : Ask Michael Burke
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To: Les H who wrote (73179)1/10/2000 9:23:00 PM
From: Thomas M.  Read Replies (1) of 132070
 
A few days before Christmas, Standard & Poor's put the U.S. financial system on its watchlist of 20 countries that are “vulnerable to a credit bust.” Others include China and Turkey. Aside from the stock market, the credit-rating agency observes the rapid rise in domestic debt and in nonperforming loans at commercial banks.

Interesting.

Tom
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