Lee Duna@lemmy.nz to World News@lemmy.worldEnglish · 9 months agoChina is merging hundreds of small banks to fend off financial stresswww.businessinsider.comexternal-linkmessage-square5fedilinkarrow-up152arrow-down10
arrow-up152arrow-down1external-linkChina is merging hundreds of small banks to fend off financial stresswww.businessinsider.comLee Duna@lemmy.nz to World News@lemmy.worldEnglish · 9 months agomessage-square5fedilink
minus-squareThe Snark Urge@lemmy.worldlinkfedilinkEnglisharrow-up16arrow-down1·9 months agoThey’re trying to authoritarian their way out of a massive speculation bubble. I don’t think it will work, unless you can will away a black hole. Debt is a kind of gravity.
minus-squareAurenkin@sh.itjust.workslinkfedilinkEnglisharrow-up3·9 months agoYou mean if you can pick up enough speed in the transverse direction you can circle around it and never hit it?
They’re trying to authoritarian their way out of a massive speculation bubble.
I don’t think it will work, unless you can will away a black hole. Debt is a kind of gravity.
You mean if you can pick up enough speed in the transverse direction you can circle around it and never hit it?