Wednesday, November 16, 2011

IMF Says Chinese Banks May Be in Trouble

The IMF has warned China about its banks.
In a report published today, it states that China's banks are strong enough to support isolated crises, but incapable of overcoming a crisis derived from overexposure to credit, housing bubbles, and the currency values.

No comments:

Post a Comment

VIDEO: Master Ken Teaches How To Defend Against Someone In A Wheelchair

I'm tired of all the serious news, so here is some humor instead.   VIDEO: " Wheelchair Defense " EnterTheDojoShow (4 min.)