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Picks from The Economist this weekend
Credit rating in India: the rot has just not had time to set in? (link)
It is easy to create new money but you cannot be sure where it will end up. Low interest rates in the West has led to an emerging market debt boom. (link)
The rise of the “sin tax” and a liquor store in every street corner. (link)
A match made in heaven? Italy is packed with financially precarious firms that make desirable products with glamorous brand names. Many Chinese firms have cash, but few have global brands. (link)
“Never tell a client what they own.” – Walter Schloss, RIP (link)
[stockquote]CRISIL[/stockquote] [stockquote]ICRA[/stockquote]