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China Rejects $1 Trillion Housing Rescue Plan Pitched by IMF (finance.yahoo.com)

submitted 3 months ago by [email protected] to c/[email protected]

26 comments fedilink hide all child comments

“It would be inappropriate for the central government to directly provide fiscal support, as it could lead to expectation of future government bail-out and therefore moral hazards,” Zhang said.

Ouch, no handouts for the financial bros...😂

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[–] [email protected] 0 points 3 months ago (1 children)

Vultures also aren't evil, they are just garbage disposal birds that mean no harm. More than can be said for the IMF.

[–] [email protected] 0 points 3 months ago

100%