Lee Duna@lemmy.nz to World News@lemmy.worldEnglish · 1 year 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 · 1 year agomessage-square5fedilink
minus-squareThe Snark Urge@lemmy.worldlinkfedilinkEnglisharrow-up16arrow-down1·1 year 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-up3·1 year 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?