A “Mind-Boggling,” 60 Trillion Problem

One of these days, you're going to wake up one morning and discover why we and a few other outlets seem so hell-bent on talking incessantly about China's deleveraging efforts. We've penned dozens of posts about this over the past four weeks or so (latest here). Indeed, we've spilled so much digital ink on it that you'd be forgiven for thinking we're overdoing it or otherwise overstating the case. But while you'd be forgiven, you'd be wrong. And decisively so. One of the key things to underst

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2 thoughts on “A “Mind-Boggling,” 60 Trillion Problem

  1. Trying to figure out what NCD means, Cortana of course, was very helpful….

    NCD may refer to:
    New Centre-Right, a former political party in Italy
    National Cleavage Day
    National coverage determination, determination of whether US Medicare will pay for an item or service.
    National Council on Disability
    National Center for Digitization (Serbia)
    Naval Combat Dress, a uniform of the Canadian Forces
    Naval Construction Division of the U.S. Navy
    Nemine contradicente for “with no one speaking against,” used in committees as N.C.D. for unanimous consent
    Network Computing Devices, a company
    Non-communicable disease
    Non-convergent discourse
    Normalized compression distance
    Nearly completely decomposable, a property of some Markov chains

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