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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (4092)	11/30/2019 4:13:21 AM
From: elmatador	1 Recommendation Recommended By SirWalterRalegh Respond to of 13795

Something is seriously starting to break in China's financial system.China Braces For December D-Day: The "Unprecedented" Default Of A Massive State-Owned Enterprise I went to TJ's favorite site for more perspective. Zero Hedge The fact that a state owned enterprise such as Tewoo has just days before it defaults, in either a prepack or "freefall" form, suggests that Beijing will no longer bail out troubled SOEs, let alone private firms, perhaps due to the strains imposed by the economy which is slowing the most in three decades. zerohedge.com