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Deflationary fallout begins to emerge in this one place no one was expecting.

Eurodollar University

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China's Economy Is Surging More Than We Thought It Would

The Chinese palette bureau under Xi Jinping issued the statement on Friday, talking about the economy and how things are going. The mainstream interpretation of the statement was, this is good because the Chinese sound very cautious on the economy; they're not likely to rush into removing policy accommodations. So in keeping with this period of ambiguity, well, it's forced ambiguity in a way, self blindness, really.

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