Bank run is coming soon!

[harimau]

The Wall Street Journal: China pumps $15 billion into market to bolster banking-system liquidity

MarketWatch.com - Top StoriesToday, 11:20 am

China’s central bank injected 100 billion yuan ($15.18 billion) of funds in a bid to keep ample liquidity in the nation’s banking system.

 

[virus]

The situation is much worst in brazil uk usa aussie n russia where cheap money has locked down business which r unable to get good returns from o&g. Loans made when oil hits the roof at $110 n iron at $40 r seeing no return n possibly bad debts. Debt situation in sinkieland will b similar to china. The flattening supply followed by poor demand will drive further when sibor adjist ankther % point.
I think one of the mid size mines will go. N that will bring about chpter 2 of toxic loans. China may not cause the tumble but its sheer size will result in the iceberg effect. Watch for signs in brazil spain australia n possibly saudi. These r the true hotspot for the next crash