China’s round-the-clock auto factories still cannot meet demand

Nissan, Ford Motor and Honda Motor are running their Chinese factories at full capacity, with overtime and weekend shifts, and still can’t deliver enough cars.


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Why is the recession so deep?

Explaining the depth of the US recession is a challenge for just about any macroeconomist. There is no well-established theory that can explain how America got to 10% unemployment.

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The debt trap

Most rich countries have seen a huge rise in debt over the past decade. Britain and Spain are the most extreme, with an increase in their total-debt ratios of more than 150 percentage points apiece, to 465% and 365% respectively.

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