“Isn’t that how the last depression started?”


Econ, government teachers:  Are you ready to explain this one?

“China banks told to halt lending to U.S. banks“

And then this one:

“China denies shunning foreign banks“

“Fasten your seatbelts; it’s going to be a bumpy ride.”

This entry was posted on Thursday, September 25th, 2008 at 5:00 pm and is filed under Business, China, Economics, Financial literacy, News, Newspapers. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Isn’t that how the last depression started?”

  1. mark's avatar mark says:
    October 2, 2008 at 12:21 am

    That is obvious move by China. One must remember that China is still to these day are ruled by the communist party. China is simply isolating the competition.

    Like

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