U.S., China to hold more financial shock exercises, Yellen says

reu ^ | 4/10/24 | Reuters

[RomanSoldier19]

The U.S. and China are deepening co-operation on financial stability issues, Treasury Secretary Janet Yellen said on Monday, with more simulations of financial shocks due after a recent exercise on tackling the failure of a large bank.

Wrapping up four days of meetings in China, Yellen issued a stern warning to Chinese banks that facilitating transactions providing material support or dual-use goods to Russia for its Ukraine war effort would lead to "significant consequences."

[RomanSoldier19]

[EEGator]

Transitory shock?

[butlerweave]

Just as Fake as China

[RomanSoldier19]

[9YearLurker]

How reassuring.

[ABStrauss]

How smart is this?

[aynrandfreak]

Another lab leak?

[RomanSoldier19]

[RomanSoldier19]

no
https://www.msn.com/en-us/money/markets/yellen-says-us-china-worked-on-exercise-for-dealing-with-large-bank-failure/ar-BB1l6TK1

[Chgogal]

Looks like Biden accepted the bribe.

[aynrandfreak]

Oh, they’re rehashing the 2008 crisis again!

[NWFree]

She like the Chinese mushrooms

[Thank You Rush]

I’ve looked for the same stats for 2023 but only come up with the same thing you posted. Probably we don’t want to know the figures currently....

[DAC21]

No worries, the old Bat is on this!

[ifinnegan]

Yellen is the biggest Chicom appeaser in a nest of them.

Old pathetic hag.

[Texas resident]

And never let a crisis go to waste.

[cowboyusa]

Treason

[BradyLS]

Kinda like the pandemic exercises Bill Gates and the rest of the Davos crowd took part in the months ahead of the Covid-19 breakout.

They aren’t preparing to recover from a possible financial crisis. They’re preparing to spring one.

[UnwashedPeasant]

China is snapping its fingers, and Obama/Biden are jumping.

[SisterK]

I miss the days when treason was a capital offense