07-06-2020, 06:29 PM
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#156 (permalink)
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Master EcoModder
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Quote:
Originally Posted by freebeard
Backgrounder on China's shadow banking system:
en.wikipedia.org/wiki/Shadow_Banking_in_China
It turns out the shadow banks use the 'gold' reserves as collateral.
The race is on, which collapses first: the shadow banks or Three Gorges dam? |
It gets better...
83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal
https://www.zerohedge.com/markets/83...eiting-scandal
>
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Disclaimer...
I’m not a climatologist, aerodynamicist, virologist, physicist, astrodynamicist or marine biologist..
But...
I play one on the internet.
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