The Daily Debt Rattle

Submitted by Raúl Ilargi Meijer  –  The Automatic Earth

 

• The Deadly Truth About the Great Boom and This “Recovery” (Dent)
• Asia’s Top Commodity Trader Ends a Turbulent Year With Cut To Junk (BBG)
• Mom And Pop Are The Greater Fools (ZH)
• Oil Ends 2015 In Downbeat Mood; Hangover To Be Long, Painful (Reuters)
• Impact Of Low Crude Prices On Oil Powers (Guardian)
• China’s Yuan Posts Biggest Annual Loss In 21 Years (BBG)
• China Fires a Warning Shot at Yuan Speculators With Bank Bans (BBG)
• China’s Financial Growing Pains Caused World of Hurt in 2015 (WSJ)
• Hong Kong Retail Slows as Mainland Tourists Stay Away (WSJ)
• Fannie and Freddie Give Birth to New Mortgage Bond (WSJ)
• The World’s Political And Economic Order Is Stronger Than It Looks (AEP)
• Derivatives vs Bank Deposits: Let the Bail-Ins Begin (Ellen Brown)
• It’s Every Snitch For Himself In Brazil’s Petrobras Scandal (BBG)
• For the Wealthiest, a Private Tax System That Saves Them Billions (NY Times)
• China Says Consulted Widely On Army Reform, Xi Closely Involved (Reuters)
• Turkey ‘One Step Away From A Civil War’ (NY Times)
• Greek Pension Cuts Back On The Table (Kath.)
• Greek House Price Drop Second To Worst In The World (Kath.)
• Merkel Urges Germans To See Refugee Arrivals As ‘An Opportunity’ (AFP)