“China’s financial regulator has vowed to rescue the Chinese banking system immediately to avert a banking crisis when the bubble bursts, issuing a blanket guarantee that no major institution will be allowed to fail. Beijing says it has studied the errors that led to the Lehman crisis in the 2008 and will not allow a chain reaction to occur, even if this means paying a price in terms of lost economic growth and dynamism.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
European Union Warns on Bitcoin
Nick Turse Describes the Real Vietnam War
Prague sends aid package to Texas blast town in honor of shared Czech heritage
Washington Park officer accused of 'tasing' handcuffed women
Haircuts for a digital dollar? Bitcoin's small business use
Bank Advisor: 'Should Your Bank Do Business With Bitcoin?'
Banks in Singapore agonize over rich clients in tax evasion clampdown
What’s wrong with Science: Nobel prize-winner attacks elite journals
Say hello to intelligent pills
Russia halts rocket exports to US, hitting space and military programmes
Welcome to the Freest Place on Earth
British PM concedes vote on military action should await UN report
Puerto Rico announces education overhaul with vouchers and charter schools
Britain has invaded all but 22 countries in the world
Judge: Bozeman police intentionally erased audio in excessive force case