The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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From: Elroy Jetson	12/26/2018 8:36:17 PM
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*As China's Major Banks face a desperate cash squeeze, China's government OKs Perpetual Bonds which willl NEVER be repaid* - caixinglobal.com The top financial regulator plans to soon allow banks to issue perpetual bonds, its latest measure to expand the banks’ fundraising toolbox. The move is set to help Chinese banks, particularly the “Big Four,” meet capital requirements set under international standards. In a Wednesday statement (link in Chinese) released on the central bank’s website, the cabinet-level Financial Stability and Development Committee (FSDC) said it’s researching measures to help banks replenish capital, including the issuance of perpetual bonds, as soon as possible.

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