The thing they did not say is that CHINA IS THE BANK.
The tier one cities are doing fine.
The bad loans will be covered up IMO.
Also I was amazed (I saw it my self) If the Gov says there will be 15% inflation next month, there will be 15% inflation next month.
Money will be printed, problems will be paved over IMO anyway.[/quote]
That’s like saying NYC, LA, SF, Chicago are doing fine so everything will be ok.
Don’t you think it is a bit weird that if the gov says 15% inflation there will be 15% inflation? kinda like how their 7% projected growth are always matched by 7% growth rate? That’s some super awesome projection!
