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China Accelerates Bad Debt Writeoffs; Reflections on "Policies to Counter Economic Volatility" Financial stress related to Ponzi financing and other bad debts in China is readily visible in numerous places. One result is China’s Big Banks Double Bad-Loan Write-Offs . China’s biggest banks more than doubled the level of bad loans they wrote off last year, in a sign that financial strains are mounting as growth in the world’s second-largest economy slows.
Tweet Steve McIntyre, in his usual passive aggressive style been harassing the University of Western Australia to use " the coercive power of the state to force other people to give him, gratis, the fruits of their labor". In this case, of course what McIntyre wants is the data used in LOG12, Lewandowsky, Oberauer and Gignac (2012) aka Recursive Fury which had been published by Frontiers in Psychology and recently retracted because of complaints which threatened legal action. The recursive fury which had broken lose among those who felt themselves called out only recursed with the retraction, with new recurses.