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- Stressful times is worrying that bank lending in emerging markets has ballooned in recent years, from about 77% of GDP in 2007 to 128% at the beginning of this year, according to JPMorgan Chase, a rich-world bank (see chart
- Why the tail wags the dog The story is similar in many other rich countries. The rich world’s woes have clearly hastened the shift in global economic .......