Originally from the pit at Tradesports(TM) (RIP 2008) ... on trading, risk, economics, politics, policy, sports, culture, entertainment, and whatever else might increase awareness, interest and liquidity of prediction markets
Thursday, October 28, 2010
Commercial of the day
Of course, if a lender owned the debt of a deteriorating counterparty, then the lender would lose, too.
UPDATE: Michael Pettis always has profound things to say about China. I'd recommend this and this, to start.
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