While We’re Selling Our Seabeds And Blacksands: Iron Ore Prices Tumble As China Crackdown Begins

After the initial crash in many of the commodities backing China’s shadow-banking system’s ponzi, levels recovered modestly as rumors were spread of bailouts, stimulus, and in fact the exact opposite of what the Chinese government had declared it was trying to do. That ended for Iron Ore this weekend when, as The FT reports, China […]