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  1. K

    China's economy collapses - Largest recession in world history!

    Well, not quite, but apparently China’s GDP, adjusted for Purposing Power Parity, has been overstated by 40%, because the price levels in China have been vastly understated, so the Chinese Tiger is not as impressive as it seems. http://www.economist.com/finance/displaystory.cfm?story_id=10209215

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