As a bank run began last week, China’s central bank injected $100.2 BILLION into their lending market on Friday. Largest amount ever for 1yr policy loans. They also cut rates on $6 trillion of mortgages. PANIC! - The Great Awakening

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As a bank run began last week, China’s central bank injected $100.2 BILLION into their lending market on Friday. Largest amount ever for 1yr policy loans. They also cut rates on $6 trillion of mortgages. PANIC! (twitter.com)

posted 1 year ago by CoolAsACucumber 1 year ago by CoolAsACucumber +23 / -0

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– Revodude 0 points 1 year ago +1 / -1

They have been papering over a financial collapse for years. Pushed up their GDP with massive overbuilding that is now collapsing. The company bonds are not worth the paper they are printed on. Currently selling US treasuries to help them stay afloat.

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