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