China’s Shark Loan Ponzi Finance- As Ponzi Schemes Collapse the Chinese Government Fears Civil Unrest
Lots of links and info at the link.
The Chinese government doesn't like civil unrest and large public gatherings that are not approved, i.e. it isn't particularly germane to the story (officials broke up the peaceful pro-Cantonese rally, for instance). The story to pay attention to is the financial implications.
Amusing Ourselves To Death
-
Give them bread and circuses and they will never revolt – Juvenal, Roman
poet The decline of Rome was the natural and inevitable effect of
immoderate great...
No comments:
Post a Comment