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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (104558)	2/24/2014 9:52:47 AM
From: TobagoJack	Respond to of 218465

The issue of the trust products may not be nearly as dire as the media makes it out to be The sovereign is supposedly in process to decide at which monetary level to bail out individual depositors, and mapping out otherwise impartial rules lest cries of crony this that sounds off. For example, at say rmb 500,000 may cover 95% of all depositors, and for those deposited more into the trust products they more than likely (close enough for government work) committed some act of crime / corruption so they are bailed-in. Such a move would merely return the likely stolen or otherwise ill-gotten funds to the general society, and the worthwhile underlying projects would be used at overall less cost, while the projects of less merits would be converted or otherwise taken care off. Dust to dust, etc etc Would guess that the 5% of all depositors! those w/ deposits of greater than rmb 500K (usd 80k) accounts for 80% of all deposited amounts. Let us watch n brief as the situation becomes more clear. Interesting whichever ways.