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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: GST who wrote (48273)12/28/2005 7:14:11 AM
From: russwinter  Read Replies (3) of 110194
 
This pretty much describes the Chinese system.
Message 21107936

On top of this, is the question of profitability and sustainability. Many if not most Chinese exporting enterprises lose money and pass on huge negative externalities, but make up for it because of the corrupt fixed currency regime (rigged currency speculation).
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