Deep troubled Wall Street financial firms are scourging in the world to find their next big capital injection. First Singapore, China and the Gulf, now the begging lists expanded to South Korea and Japan. Dollar recycling just took another form. It also shows you how serious the problem we are facing: it's no more a liquidity crisis, now is solvency crisis.
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Dollar Recycling, New Style
By Paul Deng in Uncategorized on .