PBOC cuts reserve ratio to lower than 2008 financial crisis level to keep pooh bear’s China wet dream afloat

will this be miraculous growth stimulus like how it was in 2008? or will this be a death trap waiting for the chinese banks when the bubble actually pops https://www.bloomberg.com/news/articles/2018-10-07/pboc-cuts-reserve-ratio-for-some-banks-jmyd3ly1 China’s central bank cut the amount of cash lenders must …

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