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Samson Soturian
China Observer
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Comments by "Samson Soturian" (@samsonsoturian6013) on "China’s Banking Sector Collapses! Over a Thousand Branches Shut Down, up 30% Annually" video.
Googling... Only 2/3 of UN recognized nations have banking insurance
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There were banking collapses last year too. How fast are new banks being built if this many go under?
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It's nearly impossible. US banks are so heavily regulated that third world banks like China's refuse to work with them. Even in the banking "crisis" over a year ago, no US bank was insolvent but a few were tightening their belts and they lost because their customers moved onto safer banks.
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