As long as the system is closed and the regulators powerful, they can restructure liabilities at will to prevent a collapse. More likely is a very long and costly financial adjustments as Beijing slowly cleans up what is becoming an increasingly zombified banking system.
Imagine an Uber run co-operatively by their drivers, collectively controlling their futures, agreeing their own pay and conditions, with profits shared or re-invested. Why this proposal is viable. Read here
This explains Ukraine’s sudden burst of arrests for corruption. Read Here
Why do such explicit articles have to come from the USA? It says everything about corporate media in the EU. Read here
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