| | | | | Smart Reads August 27, 2013 | | | By Catherine Contiguglia - In the first of a three-part series, the FT examines the Chinese Debt Dragon. Although the Chinese government denies the country has a debt problem, the picture on the ground shows failing public services and unpaid wages as debt dependency rises to dangerous levels, reports Simon Rabinovitch.
- "Vote me out of jail or I will bring the country down with me," is the message from Silvio Berlusconi following his conviction for tax fraud – but to bow to this threat would be "accepting the age-old intuition that [Italian] politics will always be corrupt" and that there are better things to worry about, writes Tim Parks in the New York Review of Books.
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