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The U.S. healthcare system is probably the most interesting large group of companies that are heading for major problems that we've seen in a long, long time. ↗
The interesting thing about the China story, getting back to the macro and micro, and as dire as I think the macro story is - due to bad credit and credit extension that makes Greece and Spain and the U.S. look like child's play - when you get to the micro of individual companies, they look even worse. ↗
