The Daily Debt Rattle

Submitted by Raúl Ilargi Meijer  –  The Automatic Earth

• WTI, Brent Oil Sink Under $30 (FT)
• China Stocks Enter Bear Market as State-Fueled Rally Evaporates (BBG)
• Asia Shares Hit 3-1/2-Year Lows As Oil Resumes Fall (Reuters)
• A Towering Chinese Debt Mountain Looms Over Markets (BBG)
• China’s Capital Flight (BBG)
• China Wants a Reserve Currency and Control, But Can’t Have Both (BBG)
• Layoffs and Unrest Loom in China as Growth Slows (BBG)
• The Simple Truth About China’s Market (BBG)
• China Credit Growth Surged In December Amid Fresh Stimulus (BBG)
• Glimmers Of Hope For Oil As Russia Poised To Slash Output – But.. (AEP)
• The ‘Real’ Price Of Oil Is Below $17 (ZH)
• Saudi Life With $30 Oil (BBG)
• Saudi Arabia Plans New Sovereign Wealth Fund (Reuters)
• Iron Ore Risks Tumbling Into $20s on Demand Fall: Citi (BBG)
• How Australian Households Became The Most Indebted In The World (Guardian)
• Greece: A European Tragedy (Mody)
• Dutch Populist Wilders Says EU Finished, Netherlands Must Leave (BBG)
• Europe Doesn’t Need Stronger Borders (Legrain)
• Switzerland Joins Denmark In Seizing Assets From Refugees (Guardian)
• Nine Bodies Of Refugees, Migrants Found Off Turkish Coast (Reuters)
• Three Children Drown Off The Coast Of Greece’s Agathonisi Island (Kath.)