- cross-posted to:
- china@lemmy.ml
- cross-posted to:
- china@lemmy.ml
“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...😂
Vultures also aren't evil, they are just garbage disposal birds that mean no harm. More than can be said for the IMF.
100%