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Thursday, September 20, 2012

The Canary in the Coal Mine is Getting Woozy

 It looks like an increasing numbers of expats are bailing out of China:

Anecdotal evidence suggests that increasing numbers of western expats are beginning to leave China. A recent article that has gone viral in the expat community in China called "Why I’m leaving the country I loved" describes some of the reasons.
I am not sure whether this is a leading or a lagging indicator, but this does not bode well for the world economy.

H/t Naked Capitalism.

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