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Are China’s banks actually having trouble?

The Wall Street Journal is reporting in a little noticed piece, that China’s bank’s may be having trouble, like everyone did, six months ago……The piece goes on to say that their profits may in fact be just driven by expansion and may not reflect the sum of their assets?…hum??????

Didn’t they lend this country a boat load of money a few months ago?

November 2, 2009 Posted by | Breaking News, Media, Politics, The Economy | , , , | 11 Comments

Are China's banks actually having trouble?

The Wall Street Journal is reporting in a little noticed piece, that China’s bank’s may be having trouble, like everyone did, six months ago……The piece goes on to say that their profits may in fact be just driven by expansion and may not reflect the sum of their assets?…hum??????

Didn’t they lend this country a boat load of money a few months ago?

November 2, 2009 Posted by | Breaking News, Media, Politics, The Economy | , , , | 11 Comments