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China Is Drowning In Excess Commodities And Canceling Orders Left And Right

Submitted by go213mph on Mon, 05/21/2012 - 21:52

Economy

"The evidence of a China slowdown which is somewhat worse (perhaps much worse) than what the market was expecting continues to pile up.

We have got disastrous macro data for April, more and more companies acknowledging slowdown in the market, pathetic loan growth which brought my speculation that debt deflation is a reality, building up of raw material inventories, and perhaps the acknowledgment from the Premier that perhaps supporting growth is now a higher priority than it was previously."

http://www.businessinsider.com/china-is-drowning-on-excess-c...

REVEALED: China Has A Direct Computer Link To Buy US Treasuries And Bypass Wall Street

http://www.businessinsider.com/china-buys-us-treasuries-dire...