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What appears to be equity on the balance-sheet of one set of government-controlled entities is really just debt on another.
ECONOMIST: Chinese banks are undergoing an odd kind of bail-out
Its ratio of corporate debt to GDP was 49%, the ratio of household debt to GDP was just 31% and financial sector debt was just 14% of GDP.
BBC: Spain becomes eurozone's weaker link
Credit scores treat student loan debt just like any other installment debt (and make no distinction between federal and private loans).
FORBES: 3 Simple Steps To Make Your Credit Score Shine
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