Wall Street loves these 3 letters: The rest of us should be wary

A financial assembly line that went haywire a decade ago and contributed to an economic crisis is gearing up again […]

U.S. Housing Market Firesales Could Trigger Another Financial Crisis

By: Mike_Whitney   Ask your average guy-on-the-street ‘what caused the financial crisis’, and you’ll either get a blank stare followed by […]

Shadow banking bolsters China Inc as Beijing tightens credit

Shadow banking bolsters China Inc as Beijing tightens credit ReutersReuters – 2 hours 42 minutes ago By Samuel Shen and […]

Purple Palace Abandoned Shows China Shadow-Banking Risk

Niu Dianqing stopped his motorbike at a construction site in China’s Inner Mongolia one morning last month. The front door […]

China Credit Squeeze Prompts Suicides

From Bloomberg News site, Hours after a creditor and his gang of tattooed thugs hustled Zhong Maojin into a coffee […]

Chinese city takes big step toward regulating private loans

From Reuters, (Reporting by Fayen Wong; Editing by Kim Coghill) The Chinese city of Wenzhou, an entrepreneurial city in the eastern […]

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