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Top Harvard economist: China collapse has begun
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Wednesday, July 07, 2010
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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:

Why China wants gold to plunge to $800

Ten big reasons China's boom will go bust

15 facts about China that will blow your mind

Topics: China | Real_Estate | Cruxallaneous
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