‘It’s legalised robbery’: anger grows at China’s struggling shadow banks
‘It’s legalised robbery’: anger grows at China’s struggling shadow banks
www.theguardian.com ‘It’s legalised robbery’: anger grows at China’s struggling shadow banks
Investors in one of the country’s ailing financial trusts have realised that the state may no longer always protect them
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I can't wait for libs to latch on to the term shadow banking and render it meaningless
Anne Pettifor is a bit of a lib but she has some good writing on it. She named her substack something forgettable like System Change tho so i always scroll past her rss feed