From Zero Hedge:
... Bloomberg TV conducted an interview with Ken Rogoff in Hong Kong in which the Harvard professor recently made famous for his words of caution that overlevering sovereigns always eventually leads to economic slow down, financial collapse, and ultimately bankruptcy, warned, when discussing China real estate, that "you’re starting to see that collapse in property and it’s going to hit the banking system...
Read full article (with video)...
More on China:
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