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China's Debt Problem Is Worse Than You Thought
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2016-08-08 09:01:11
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Share The Viewa:visited { color: #00b9e7; } a:hover { text-decoration: underline !important; } a:hover#logo { text-decoration: none !important; } @media only screen and (max-device-width: 480px) { a[id=logo] { font-size: 34px !important; } body { width: 100% !important; } table { width: 100% !important; } } @media only screen and (min-device-width: 320px) and (max-device-width: 568px) { html { -webkit-text-size-adjust: auto; } td[id=content] { font-size: 18px !important; } body { width: 100% !important; } table { width: 100% !important; } }Share The ViewThe Latest Opinions From Bloomberg ViewAug 08, 2016bloomberg.com/viewChina's Debt Problem Just Won't Go AwayChina's public finances are in worse shape than many realize, and mounting bad debts, double-digit deficits and a rickety financial system make for a volatile combination. The old playbook isn't working anymore, but Christopher Balding explains what might.Lawyers Can Be Zealous Without Being NastyThe American Bar Association has proposed a surprisingly controversial new ethics rule that would prohibit attorneys from discriminating on the job. Some fear it would restrict lawyers' freedom of speech, but Noah Feldman argues that clear boundaries are essential for lawyers who will do anything within the law to give their clients a leg up.India Sends Mixed Messages on Foreign InvestmentAs Prime Minster Narendra Modi courts investors abroad, India's government agencies are doing everything they can to scare them away. Mihir Sharma warns that strict new rules will make it impossible for them to commit the kind of money that the country's economy desperately needs.Can Government Raise Wages? It's Worth a TryA decade ago, it would have been considered a fringe idea; today, it's part of Hillary Clinton's economic policy. As policy makers debate whether the government should to try push up wages, Noah Smith says they should let evidence, not economic dogma, be their guide.Why You Should Thank Donald TrumpSure, he's a demagogue, but the Republican candidate has had some positive effects on civic life. Pankaj Mishra says his vitriol has forced the public to reckon with hidden bigotry.Ritholtz's ReadsInterview with a high-frequency trader (Zero Hedge)Disrupting your own happiness (A Wealth of Common Sense)Trading changes how brain processes selling decisions (UChicago)(Read Barry Ritholtz's full daily news roundup.)Get Share the View every morning in your inbox. Click here to subscribe.For more information, email view@bloomberg.net.For media inquiries, contact Jill Watanabe at +1-212-617-1610 or jwatanabe11@bloomberg.net.You received this message because you signed up for Bloomberg View newsletters.bloomberg.com/view | 731 Lexington Avenue, New York, NY 10022 | Contact Us | Unsubscribe <a href="http://link.mail.bloombergview.com/click/7333194.19195/aHR0cDovL3d3dy5tYWlsLmJsb29tYmVyZ3ZpZXcuY29tIg/55086a4c3b35d051538c37ccBf3cd3b42><img src="http://link.mail.bloombergview.com/img/55086a4c3b35d051538c37cc4d6bu.et7/30aa6734.gif" alt="" border="0" /></a>
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