China is Bailing Out Their ENTIRE Banking System

While everyone - especially in Chinese and China-related stocks - get caught up in last month’s “stimulus“ frenzy, the overlooked the only real news that came out of it. Very quietly, the country’s top bank regulator just casually mentioned the government was gathering a trillion yuan to “recapitalize“ China’s biggest six banks. Yeah. Meanwhile, volatility has hit the previously insane equity surge. Eurodollar University’s Money & Macro Analysis ***Eurodollar University’s Fall Sale*** Discounts on all our subscriptions and memberships. If you want to know how all this stuff works, EDU has got you covered. Bloomberg China to Add Capital at Big Banks for First Time in a Decade SCMP China weighs injecting US$142 billion of capital into top banks