Reflating the dragon

Posted on Sun, 16 Nov 2008 22:04:26 -0500 in Online banking security measures 2007 article

In 1997-98 state firms made a net loss of almost 1% of GDP; in 2007 their combined profits were over 4% of GDP. The banking sector, too, now looks much healthier. Ten years ago, after the credit rating agencies binge, banks’ non-performing loans hit ...

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