meanwhile...chances of chinese credit crunch?, page-53

  1. 10,404 Posts.
    MM, "Below is chart of Chaori's share price and those with skin in the game do not believe that Chaori will fail like Bear Stearns."

    perhaps not but it isn't a cog in the banking system either.

    However, consider what would happen if one of our top 200 companies couldn't pay interest due on a bond or a regional bank like Suncorp could pay interest on a hybrid.

    It would shake the foundations of our markets. And where there is one there'll be more.

    All eyes on the yuan from tomorrow




 
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