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HKim0072
China Observer
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Comments by "HKim0072" (@HKim0072) on "China’s Banks in Deep Crisis: $50,000 Withdrawn, $30,000 Found to Be Fake" video.
Psst, I guarantee the banks haven't updated all the mortgages that are underwater with negative equity.
43
Likely, this isn't a systemic problem. Someone stole the cash and replaced it with fake bills. Though sounds like multiple branches are running this scam. Having fake bills does nothing to the official balance sheets. (There are definitely other systemic issues though.)
5
It’s like clockwork. A massive bank bailout every decade.
4