« FFFT3 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Chinese Debt Bomb

By: keystone in FFFT3 | Recommend this post (0)
Wed, 28 Sep 16 2:53 PM | 45 view(s)
Boardmark this board | Food For Further Thought 3
Msg. 25234 of 65535
Jump:
Jump to board:
Jump to msg. #

http://www.bloomberg.com/news/articles/2016-09-28/mid-sized-chinese-bank-writes-off-almost-1-billion-of-assets

Karl Marx and Mao offer no instruction as to how to run a central bank.

It is quite easy to make bad loans to yourself and your friends. Very easy.




» You can also:
« FFFT3 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next