>My suspicion is that China will actually let a few banks fail before the government steps in Too late, the government has already stepped in. http://money.cnn

>My suspicion is that China will actually let a few banks fail before the government steps in Too late, the government has already stepped in. http://money.cnn.com/2015/02/04/news/economy/china-economy-stimulus/ http://money.cnn.com/2015/02/04/news/economy/china-economy-s... (cutting the reserve ratio is basically like giving money to banks) Don't expect to see something like TARP, the central banks have found less controversial ways to fund banks (by buying mortgages, etc)