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Securitization/Bank Of Thailand News

The Oil Drum | DrumBeat: July 14, 2009

2009-07-14
Meanwhile, officials in Britain, Thailand, and the Philippines all reported new swine flu deaths Monday. The latest WHO report confirms nearly 95000 swine flu cases around the world, with 429 deaths. ...... The Chinese are following the asset price bubble path followed by the US without the securitization. Bank failure is one possible outcome or surge in inflation. Enabling car consumption is not only self- defeating but completely stupid. ...