Surveillance: Yield Values with Hornby
Bloomberg Surveillance
00:00
China
Right now the only place for revival is to have municipal governments go in there and do intra structure building. Unfortunately, every municipality out there is so indebted they can't do it. The balance sheet recession notion is very much in playa that leaves monato policy impotent,. i'm just trying to work out where that leaves the global economy. Off the back of these dynamics starting to bubble to the service just a little bit more., he says.
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