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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (109452)	1/3/2011 3:56:22 PM
From: GST	1 Recommendation Read Replies (1) \| Respond to of 110194

Again pardon my brief reply, but I remember when the Chinese government put the huge and internationally important Guangdong Investment bank (GITIC) into bankruptcy a decade ago -- it was a shock to many, but life went on. And there were many other banks that went broke along with them -- very large players. A banking bust would not be a big surprise -- but the issue we are wrestling with here is more the level of systemic risk in China in total -- and I really should give this more thought rather than dash off a reply -- so back to giving it more thought.