IMF Warning About China’s TRILLIONS in Potential SYSTEMIC RISKS! Here’s Why.
China has faced massive headwinds as financial stability has become a major risk factor. The IMF has pointed directly at some of their issues and made some weak recommendations. Unlike countries like Greece, the IMF doesn’t have control over their monetary system so they tread lightly. In times of crisis however, the supranational entities suddenly gain oversight and discretion in places they should never be.
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Sources Used in This Video:
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China's Banks Need More Capital After Credit Boom, IMF Says - Bloomberg
https://www.bloomberg.com/news/articles/2017-12-07/china-banks-need-gradual-and-targeted-capital-boost-imf-says
China's growth objectives clash with financial stability goal - IMF
https://uk.reuters.com/article/uk-imf-china-finance/chinas-growth-objectives-clash-with-financial-stability-goal-imf-idUKKBN1E1040
China's Banks Need More Capital After Credit Boom, IMF Says - Bloomberg
https://www.bloomberg.com/news/articles/2017-12-07/china-banks-need-gradual-and-targeted-capital-boost-imf-says
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Here is the IMF, talking about just a small percentage of the risks in China. Does this mean that China the only country with issues? No. Not even close. But where there are risks, we must identify them.
In your opinion, does China pose a serious threat to the global economy?
Hey Dave, nice to see you back at it. The Kitty video was cute but disturbing. I'll do my best to resteem your posts here.
Thank you!
Not at all... all thanks to you. You fill the role of economic watchdog. I owe you!
Much appreciated.
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