The Daily Debt Rattle

Submitted by Raúl Ilargi Meijer  –  The Automatic Earth

• China’s Steel Industry Peers Into Abyss as Output to Plunge (Bloomberg)
• Rio Tinto’s Optimistic About Iron Ore And That’s Reason To Worry (Bloomberg)
• Zinc Lowest in 6 Years, Nickel at 12-Year Low on China Concerns (Bloomberg)
• Can Anything Stop Companies From Loading Up on Debt? UBS Says No. (Alloway)
• Debt, The Never-Ending Story (Economist)
• Finland’s Depression Is The Final Indictment Of Europe’s Monetary Union (AEP)
• China Inclusion In IMF Currency Basket Not Just Symbolic (FT)
• New Players Break Into Credit Derivatives (FT)
• Atlantic City’s Mayor Warns of Insolvency by April Without Aid (Bloomberg)
• Fed Tipping Toward December Rate Hike, Minutes Show (Hilsenrath)
• Australia Blocks Ranch Sale to Foreigners on Security Fears (Bloomberg)
• Turkey Could Cut Off Islamic State’s Supply Lines. So Why Doesn’t It? (Graeber)
• Trudeau Tells Canada To Reject Racism Amid Opposition To Refugee Plan (Reuters)
• History Is A Cruel Judge Of Intolerance In America (Bloomberg)
• Former Yugoslav Republic of Macedonia Building Fence Along Greek Border (Kath.)
• EU Nations Miss Deadline To Appoint Officers For Refugee Relocations (Guardian)
• 20 African Migrants Lost At Sea In Atlantic After Boat Sinks (Reuters)
• Antibiotic Resistance: World On Cusp Of ‘Post-Antibiotic Era’ (BBC)