In your interest.
Online Personal Finance Magazine
No beating about the bush.
Oil will probably hit $100 a barrel, thanks to economic recovery and shrinking supply from refineries. There are also signs out there that the global economy is picking up, and that speaks to increasing energy demand.
China’s local governments are raising funds through investment vehicles to circumvent regulations that prevent them from borrowing directly. A crackdown on such loans, estimated at about $1.7 trillion at the end of 2009, could trigger a gigantic wave of bad debts as projects are left without funding.