GOLD 0.51% $1,391.7 gold futures

calling china collapsers: , page-80

  1. cya
    3,836 Posts.
    The Chinese central bank is like the collateral thats leveraged to lend out in RMB, if this assumes that the bank stands behind all the loans and continues the expansion then the eventually they have a massive debt over hanging the reserves they cant sell for fear of an appreciation . Where is the morale hazard?
 
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