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Chinese banks extended over US$ 15 trillion in loans (140% of Chinese GDP) over the past five years. Yet credit in itself is not an evil; when it’s backed by savings it only represents a certain amount of unclaimed resources, which can now be used in production. Our societies thrive on credit. It is indispensable in almost every walk of life and it was perhaps even the catalyst that freed th

What Is Happening in China?

We’ve Heard This Before

Default Avalanche Starting

Slowdown in Chinese GDP Growth Inevitable

What Will a Chinese Slowdown Mean for Gold?

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