China Facing Full-Blown Banking Crisis
China facing full-blown banking crisis, world's top financial watchdog warns by Ambrose Evans-Pritchard
They need the cash to defend the Yuan, see attached story as a follow up to the earlier China story...it's not good folks
- Buzzzz
Well, used to be the US caused such anxiety, now it's someone else we're following into a global collapse. The US will still be blamed, but doesn't do any good once the lights are turned off and we can't get to our job. I guess I shouldn't have banked on that retirement from Uncle Sugar so much. 30 years down the toilet. This is how socialism takes its hold. So, what's going to happen? What is the Fed going to do?
- Matt Caldwell
