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China Central Bank Orders Lenders To "Tolerate" Higher Bad Debt Levels To Avoid Financial Cataclysm 

By: capt_nemo in POPE 5 | Recommend this post (1)
Mon, 17 Feb 20 8:53 AM | 28 view(s)
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"We will support qualified firms so that they can resume work and production as soon as possible, helping maintain stable operations of the economy and minimizing the epidemic's impact."

http://www.zerohedge.com/economics/china-central-bank-orders-lenders-tolerate-higher-bad-debt-levels-avoid-financial




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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