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Tuesday, July 7, 2015

Economic security

The really worrying financial crisis is happening in China, not Greece


An investor watches an electronic board showing stock information at a brokerage office in Beijing, ChinaWhile all Western eyes remain firmly focused on Greece, a potentially much more significant financial crisis is developing on the other side of world. In some quarters, it’s already being called China’s 1929 – the year of the most infamous stock market crash in history and the start of the economic catastrophe of the Great Depression.

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