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Amishman

(5,929 posts)

30. China's banking system is a unstable mess with a smiley sticker slapped over the cracks

Reply to pbmus (Reply #12)

Tue Sep 3, 2019, 01:17 PM

Sep 2019

Their shadow banking system is a huge danger. Off books or otherwise concealed high risk loans, under collateralized and sided up with sketchy swaps between peers. Funds raised by selling fraudulent 'securities' to retail customers / investors.

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The developed world is on the brink of a financial, economic, social and political crisis [View all] OnlinePoker Aug 2019 OP

Emerging markets cannot do anything without Markets... pbmus Aug 2019 #1

His point was their balance sheets are sound, so they can bleed out longer before dying. Blue_true Aug 2019 #9

Who is responsible for stopping the game we are all playing...? pbmus Aug 2019 #12

You raise legitimate points. Blue_true Aug 2019 #13

Restructuring is the answer... pbmus Sep 2019 #14

China's banking system is a unstable mess with a smiley sticker slapped over the cracks Amishman Sep 2019 #30

Uh, what is rusty fender Sep 2019 #21

I will leave it for you to try to figure out. Blue_true Sep 2019 #22

LOL rusty fender Sep 2019 #23

History is full of people that laughed at what they did not understand, or Blue_true Sep 2019 #24

I'm not laughing at that, I'm laughing at you rusty fender Sep 2019 #25

Intra-dimensional galactic transit. Ghost Dog Sep 2019 #28

Would love to see that rusty fender Sep 2019 #29

Tunnelling to parallel universes. triron Sep 2019 #32

I threatened someone? Wow, you really went off the rails. nt Blue_true Sep 2019 #33

WTH are you TALKING about man? mr_lebowski Sep 2019 #27

There are materials that superconduct at very low temperatures. Blue_true Sep 2019 #36

Unfunded Liabilities airplaneman Aug 2019 #2

By taxing corporations and the filthy rich... pbmus Aug 2019 #3

"how the debt will not be paid is the important issue." - indeed. n/t PoliticAverse Sep 2019 #26

Forgive the debt...and write it off for a maximum of 3-5 yrs.. pbmus Sep 2019 #31

Facebook misinformation has turned things upside down and inside out. Initech Aug 2019 #4

I agree with you. I'm pretty much a dinosaur in that I have no social media. Coventina Aug 2019 #5

Yup, everyone's got their own channel and 100,000+ followers. Initech Aug 2019 #6

Made me laugh KentuckyWoman Aug 2019 #8

I bet my dinasaurs skin is thicker than yours. Blue_true Aug 2019 #10

That was some scary stuff. It would not have been more scary had he a Hannibal Lecter mask on. nt Blue_true Aug 2019 #7

How will markets operate in an environmental collapse? jalan48 Aug 2019 #11

Get ready for massive QE and negative interest rates. roamer65 Sep 2019 #15

Do you mean deflation, not inflation ...? pbmus Sep 2019 #16

Inflation will result as the currency is weakened. roamer65 Sep 2019 #17

Then the entire world would be in chaos... pbmus Sep 2019 #18

It can happen. roamer65 Sep 2019 #19

Totally disagree pbmus Sep 2019 #20

The sky is falling. Opel_Justwax Sep 2019 #34

Bingo we have a winner n/t. airplaneman Sep 2019 #37

This guy is not an omniscient god. Maybe the sky is going to fall, maybe not. elocs Sep 2019 #35