pull down to refresh

20 sats \ 3 replies \ @TomK OP 20 Aug \ parent \ on: China Maintains Steady Loan Prime Rates Amid Economic Pressures econ
The Chinese will literally distribute their government debt among the regions at gunpoint, push the government bonds into the banks and pension funds and thus buy time again for the time being.
write
preview
47 sats \ 2 replies \ @Satosora 20 Aug
How long will that last when their economy is so bad?
reply
20 sats \ 1 reply \ @TomK OP 20 Aug
Oh they'll buy years ad years. Don't expect a fast collapse
reply
47 sats \ 0 replies \ @Satosora 20 Aug
Fake it till you make it?
reply