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AlgemeenNRC

Will bonds blow up?

Bankers used to say that countries, unlike companies, can’t go bust. They repeated that comforting slogan until a wave of Latin American countries defaulted in the 1980s. Might a similar shock soon puncture the rich world’s hubris?

AlgemeenNRC

How Europe should deal with the new China shock

The European Union has long had two China problems. The first concerns competition, at home and abroad, from increasingly capable Chinese exporters of cars, machinery and other things that Europe was once better at making.