{"id":8897,"date":"2013-12-23T05:58:59","date_gmt":"2013-12-23T10:58:59","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=8897"},"modified":"2013-12-23T05:58:59","modified_gmt":"2013-12-23T10:58:59","slug":"russia-1998-crisis-haunts-deutsche-bank-analyst-seeing-china-bust-livemint","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/23\/russia-1998-crisis-haunts-deutsche-bank-analyst-seeing-china-bust-livemint\/","title":{"rendered":"Russia 1998 crisis haunts Deutsche Bank analyst seeing China bust | Livemint"},"content":{"rendered":"<blockquote>\n<p>When the Deutsche Bank AG equity strategist [John-Paul Smith] looks at the country [China], he says he detects some of the same signs of a financial meltdown that led him to predict Russia\u2019s 1998 stock market crash months in advance. China\u2019s expansion is being fueled by soaring corporate borrowing, a high-risk model that needs to be replaced by the kind of free-market measures and budget cuts that fed Russia\u2019s growth in the aftermath of the country\u2019s default and subsequent 44% monthly tumble in the Micex Index, Smith said.<\/p>\n<p>There is potential for a debt trap in industrial companies which can trigger an economy-wide financial crisis as early as next year, Smith said in an interview from London on 12 December, a day after he issued a report predicting China\u2019s slowdown will lead to a 10% decline in emerging-market stocks next year. \u201cIf I am wrong on China, I am wrong on everything.\u201d<\/p>\n<\/blockquote>\n<p>Read more at <a href='http:\/\/www.livemint.com\/Money\/Xu4LZgzoJFZwiwJgiwQiTO\/Russia-1998-crisis-haunts-Deutsche-Bank-analyst-seeing-China.html'>Russia 1998 crisis haunts Deutsche Bank analyst seeing China bust &#8211; Livemint<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When the Deutsche Bank AG equity strategist [John-Paul Smith] looks at the country [China], he says he detects some of the same signs of a financial meltdown that led him to predict Russia\u2019s 1998 stock market crash months in advance. China\u2019s expansion is being fueled by soaring corporate borrowing, a high-risk model that needs to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/23\/russia-1998-crisis-haunts-deutsche-bank-analyst-seeing-china-bust-livemint\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Russia 1998 crisis haunts Deutsche Bank analyst seeing China bust | Livemint&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[41,5],"tags":[663,826,973,1014,1983],"class_list":["post-8897","post","type-post","status-publish","format-standard","hentry","category-china-hk","category-economy","tag-china","tag-corporate-borrowing","tag-debt-trap","tag-deutsche-bank-ag","tag-john-paul-smith"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Russia 1998 crisis haunts Deutsche Bank analyst seeing China bust | Livemint - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Russia 1998 crisis haunts Deutsche Bank analyst seeing China bust | Livemint - the patient investor\" \/>\n<meta property=\"og:description\" content=\"When the Deutsche Bank AG equity strategist [John-Paul Smith] looks at the country [China], he says he detects some of the same signs of a financial meltdown that led him to predict Russia\u2019s 1998 stock market crash months in advance. China\u2019s expansion is being fueled by soaring corporate borrowing, a high-risk model that needs to &hellip; Continue reading &quot;Russia 1998 crisis haunts Deutsche Bank analyst seeing China bust | Livemint&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/23\/russia-1998-crisis-haunts-deutsche-bank-analyst-seeing-china-bust-livemint\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2013-12-23T10:58:59+00:00\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/23\/russia-1998-crisis-haunts-deutsche-bank-analyst-seeing-china-bust-livemint\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/23\/russia-1998-crisis-haunts-deutsche-bank-analyst-seeing-china-bust-livemint\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"Russia 1998 crisis haunts Deutsche Bank analyst seeing China bust | Livemint\",\"datePublished\":\"2013-12-23T10:58:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/23\/russia-1998-crisis-haunts-deutsche-bank-analyst-seeing-china-bust-livemint\/\"},\"wordCount\":177,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"China\",\"corporate borrowing\",\"Debt Trap\",\"Deutsche Bank AG\",\"John-Paul Smith\"],\"articleSection\":[\"China &amp; HK\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/23\/russia-1998-crisis-haunts-deutsche-bank-analyst-seeing-china-bust-livemint\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/23\/russia-1998-crisis-haunts-deutsche-bank-analyst-seeing-china-bust-livemint\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/23\/russia-1998-crisis-haunts-deutsche-bank-analyst-seeing-china-bust-livemint\/\",\"name\":\"Russia 1998 crisis haunts Deutsche Bank analyst seeing China bust | Livemint - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2013-12-23T10:58:59+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/23\/russia-1998-crisis-haunts-deutsche-bank-analyst-seeing-china-bust-livemint\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/23\/russia-1998-crisis-haunts-deutsche-bank-analyst-seeing-china-bust-livemint\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/23\/russia-1998-crisis-haunts-deutsche-bank-analyst-seeing-china-bust-livemint\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Russia 1998 crisis haunts Deutsche Bank analyst seeing China bust | Livemint\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. Strategic. Unfiltered. \",\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/thepatientinvestor.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\",\"name\":\"The Patient Investor Pty Ltd\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1\",\"width\":250,\"height\":250,\"caption\":\"The Patient Investor Pty Ltd\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\",\"https:\/\/www.instagram.com\/colin_thepatientinvestor\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\",\"name\":\"ColinTwiggs\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g\",\"caption\":\"ColinTwiggs\"},\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/author\/colin58s\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Russia 1998 crisis haunts Deutsche Bank analyst seeing China bust | Livemint - the patient investor","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Russia 1998 crisis haunts Deutsche Bank analyst seeing China bust | Livemint - the patient investor","og_description":"When the Deutsche Bank AG equity strategist [John-Paul Smith] looks at the country [China], he says he detects some of the same signs of a financial meltdown that led him to predict Russia\u2019s 1998 stock market crash months in advance. China\u2019s expansion is being fueled by soaring corporate borrowing, a high-risk model that needs to &hellip; Continue reading \"Russia 1998 crisis haunts Deutsche Bank analyst seeing China bust | Livemint\"","og_url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/23\/russia-1998-crisis-haunts-deutsche-bank-analyst-seeing-china-bust-livemint\/","og_site_name":"the patient investor","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=61572934660810","article_published_time":"2013-12-23T10:58:59+00:00","author":"ColinTwiggs","twitter_card":"summary_large_image","twitter_misc":{"Written by":"ColinTwiggs","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/23\/russia-1998-crisis-haunts-deutsche-bank-analyst-seeing-china-bust-livemint\/#article","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/23\/russia-1998-crisis-haunts-deutsche-bank-analyst-seeing-china-bust-livemint\/"},"author":{"name":"ColinTwiggs","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5"},"headline":"Russia 1998 crisis haunts Deutsche Bank analyst seeing China bust | Livemint","datePublished":"2013-12-23T10:58:59+00:00","mainEntityOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/23\/russia-1998-crisis-haunts-deutsche-bank-analyst-seeing-china-bust-livemint\/"},"wordCount":177,"commentCount":0,"publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"keywords":["China","corporate borrowing","Debt Trap","Deutsche Bank AG","John-Paul Smith"],"articleSection":["China &amp; HK","Economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/23\/russia-1998-crisis-haunts-deutsche-bank-analyst-seeing-china-bust-livemint\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/23\/russia-1998-crisis-haunts-deutsche-bank-analyst-seeing-china-bust-livemint\/","url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/23\/russia-1998-crisis-haunts-deutsche-bank-analyst-seeing-china-bust-livemint\/","name":"Russia 1998 crisis haunts Deutsche Bank analyst seeing China bust | Livemint - the patient investor","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/#website"},"datePublished":"2013-12-23T10:58:59+00:00","breadcrumb":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/23\/russia-1998-crisis-haunts-deutsche-bank-analyst-seeing-china-bust-livemint\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/23\/russia-1998-crisis-haunts-deutsche-bank-analyst-seeing-china-bust-livemint\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/thepatientinvestor.com\/index.php\/2013\/12\/23\/russia-1998-crisis-haunts-deutsche-bank-analyst-seeing-china-bust-livemint\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thepatientinvestor.com\/"},{"@type":"ListItem","position":2,"name":"Russia 1998 crisis haunts Deutsche Bank analyst seeing China bust | Livemint"}]},{"@type":"WebSite","@id":"https:\/\/thepatientinvestor.com\/#website","url":"https:\/\/thepatientinvestor.com\/","name":"The Patient Investor","description":"Smart. Strategic. Unfiltered. ","publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thepatientinvestor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/thepatientinvestor.com\/#organization","name":"The Patient Investor Pty Ltd","url":"https:\/\/thepatientinvestor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","contentUrl":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","width":250,"height":250,"caption":"The Patient Investor Pty Ltd"},"image":{"@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/profile.php?id=61572934660810","https:\/\/www.instagram.com\/colin_thepatientinvestor"]},{"@type":"Person","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5","name":"ColinTwiggs","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g","caption":"ColinTwiggs"},"url":"https:\/\/thepatientinvestor.com\/index.php\/author\/colin58s\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9tQ4n-2jv","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":3498,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/02\/15\/how-to-fix-europes-banks-wsj-com\/","url_meta":{"origin":8897,"position":0},"title":"How to Fix Europe&#8217;s Banks &#8211; WSJ.com","author":"ColinTwiggs","date":"February 15, 2012","format":false,"excerpt":"Francesco Guerrera: A simple solution is staring the likes of Deutsche Bank AG, BNP Paribas SA and Banco Santander in the face: large, decisive, increases in capital through equity sales that would allay investor concerns and boost balance sheets. With the year-end results almost all out of the way, banks\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22769,"url":"https:\/\/thepatientinvestor.com\/index.php\/2020\/11\/21\/china-credit-trembles\/","url_meta":{"origin":8897,"position":1},"title":"China credit trembles","author":"Colin Twiggs","date":"November 21, 2020","format":false,"excerpt":"The Washington-based Institute of International Finance (IFF) estimates that China\u2019s total domestic debt is likely to reach 335 per cent of GDP in Q2 of 2020 (up 17% from the preceding quarter). China\u2019s domestic debt, denominated in yuan, consists of three components: corporate, household and government debt. Corporate debt includes\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16340,"url":"https:\/\/thepatientinvestor.com\/index.php\/2018\/06\/09\/12-charts-on-the-australian-economy\/","url_meta":{"origin":8897,"position":2},"title":"12 Charts on the Australian economy","author":"Colin Twiggs","date":"June 9, 2018","format":false,"excerpt":"Australian GDP grew at a robust 3.1% for the year ended 31 March 2018 but a look at the broader economy shows little to cheer about. Wages growth is slowing, with the Wage Price Index falling sharply. Falling growth in disposable income is holding back consumption (e.g. retail spending) and\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27090,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/07\/28\/china-evergrande-not-too-grand\/","url_meta":{"origin":8897,"position":3},"title":"China Evergrande: Not too grand","author":"Colin Twiggs","date":"July 28, 2021","format":false,"excerpt":"From Bloomberg: UBS Group AG analysts who correctly predicted in January that China Evergrande Group\u2019s stock would lose more than half its value now say the selloff has a lot further to run. The Swiss bank slashed its 12-month target price to HK$3.5 ($0.45) from HK$6 while maintaining a sell\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19585,"url":"https:\/\/thepatientinvestor.com\/index.php\/2019\/12\/20\/cracks-are-showing-in-chinas-debt-markets\/","url_meta":{"origin":8897,"position":4},"title":"Cracks are showing in China&#8217;s Debt Markets","author":"Colin Twiggs","date":"December 20, 2019","format":false,"excerpt":"\"You only learn who has been swimming naked when the tide goes out\u2026\" ~ Warren Buffett Beijing's de-leveraging campaign, to set the economy on a sustainable path, is starting to expose some of the excesses in financial markets. Local Government Local governments owe some 49 trillion yuan (about $7 trillion\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6589,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/01\/27\/financial-hangover-is-britains-biggest-growth-headache\/","url_meta":{"origin":8897,"position":5},"title":"Financial hangover is Britain&#039;s biggest growth headache","author":"Colin Twiggs","date":"January 27, 2013","format":false,"excerpt":"David smith writes: Sir Mervyn King, in Tuesday\u2019s final regional speech as Bank governor, in Belfast, barely mentioned fiscal policy as a factor in the slow recovery. Instead, as well as the high-inflation squeeze on real take-home pay and the eurozone, he focused on another financial factor.The problem, he said,\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/8897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=8897"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/8897\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=8897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=8897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=8897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}