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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%4:00 PM EST
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To: Cogito Ergo Sum who wrote (137244)12/25/2017 7:36:36 AM
From: elmatador  Read Replies (1) of 217561
 
“China must have an example like the bankruptcy in Detroit. Only if we allow local state-owned firms and governments to go bankrupt will investors believe the central government will break the implicit guarantee,” Xu Zhong, the head of the agency, wrote in an article on the financial news website Yicai.

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even for bankruptcy they copy!
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