Jul 17

China- Toast-To-Market-Manipulation

China Just Created A Half-A-Trillion “Plunge Protection” Frankenstein (ZeroHedge, July 17, 2015):

China’s central bank is officially in the business of financing leveraged stock buying and as Bloomberg reports, the country’s state-run margin lender now has the capacity to pump the equivalent of five Greek bailouts into leveraged stock trades. 

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