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A Chinese Banker Explains Why There Is No Way Out 

By: capt_nemo in POPE IV | Recommend this post (2)
Sun, 31 Jan 16 1:18 PM | 79 view(s)
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Submitted by Tyler Durden on 01/30/2016 - 20:12

"If I don’t issue more loans, then my salary isn’t enough to repay the mortgage, and car loan. It’s not difficult to issue more loans, but lets say in a years time when the loan is due, if the borrower defaults, then I wont just see a pay cut, I’ll be fired, and still be responsible for loan recovery."

http://www.zerohedge.com/news/2016-01-30/chinese-banker-explains-why-there-no-way-out




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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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