3 ms·
This is pointed out in the article as well, and +1 on that anecdote. The $50K limit really incentivized a lot of bad behavior, and turbocharged the shadow bank
by alephnerd 1y ago
This is pointed out in the article as well, and +1 on that anecdote.
The $50K limit really incentivized a lot of bad behavior, and turbocharged the shadow banking that itself played a role in the growth slowdown in China.