"When contacted by Reuters by phone on Tuesday, an official at the Jiangsu Sheyang Rural Commercial Bank branch hung up, saying she was busy.'
hmmmmmm.
To: dynachrome
Hundreds in China? Can’t say that’s news.
To: dynachrome
It is not like the banks would run out of money, so long as the Chinese depositors will willing to accept payment in U.S. Dollars.
8 posted on
03/25/2014 6:41:38 PM PDT by
gunsequalfreedom
(Conservative is not a label of convenience. It is a guide to your actions.)
To: dynachrome
Deposit insurance should be provided on a private, free market basis. Government deposit insurance just encourages the banks to fail. Everybody needs skin in the game.
9 posted on
03/26/2014 7:05:29 AM PDT by
1010RD
(First, Do No Harm)
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