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Lepus Felix
China Observer
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Comments by "Lepus Felix" (@MasticinaAkicta) on "No Money in Banks: Can’t Withdraw, Missing Deposits, Restricted Transfers! China's Bank Run Imminent" video.
Yup, and the circle is here, the houses are unfinished, the people stop paying for them, the bond doesn't gets it money flow, so the people with money on the bank, ... find that "their money" aka said bond is non performing. Leading to unability to pay for THEIR loans and...
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THAT money is already turned to bonds to support the local governments in huge projects. And not to forget to support the companies building all those houses... that money is GONE!
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Don't worry, one of two heads will roll, people will be replaced, but the same will keep going on for another ten years. "We removed the corrupt.." .. by replacing it with another corrupt person.
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