- cross-posted to:
- china
- cross-posted to:
- china
“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…😂
The IMF will give advice whether you ask for it or not. Then all you have to do is the exact opposite and you’ll likely be voted in forever with high public support.
Edit: I see @REEEEvolution@lemmygrad.ml got there before me lol