Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.
China begins QE?

HFNY
Member Posts: 5,402
in Tug Tavern
China's total debt (including shadow banking) is something like 283% of GDP. They have ample foreign currency reserves to backstop their banks that forked over bad loans (particularly since their 2009 "stimulus" splurge) but it could get really ugly:
zerohedge.com/news/2015-06-30/chinese-qe-calls-officially-begin-bond-swap-sucks-liquidity-contributes-stock-slump-
zerohedge.com/news/2015-06-30/chinese-qe-calls-officially-begin-bond-swap-sucks-liquidity-contributes-stock-slump-
Comments
-
I only read the URL and I don't understand a thing.
-
-
Has zerohedge been right about anything?
-
whatshouldicareabout said:
I only read the URL and I don't understand a thing.
I'll translate. There is ridiculous exponential growth in the lesbian, gay, and bisexual market. No transgender in China yet because they are commies.