Is China broke?

But China has a history of taking debt off its books and burying it, which should prompt us to poke and prod its numbers. If we go back to the last time China cooked the national books big time, during the Asian currency crisis of 1997, we can get an idea of where its debt might be hidden now.

via Jim Jubak: Is China broke? Hidden debt burdens Asia giant – MSN Money.

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Tom Cornyn

I'm just a regular guy. I eat tires.

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