Why is China reducing their reserve ratios and making it easier for people to get loans?
The financial system is not strong. Don’t believe the mainstream media. It has been supported by trillions and trillions of dollars printed and barely having any effect. Without this crutch to the markets, they would fall very rapidly. Over the years, we have taken excessive risk by reducing the lending standards in a desperate attempt to spur more activity, only making the underlying problems worse.
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