I bet you think I’m being facetious with that title. The truth of the matter is, the Chinese banks are already in ruins. By transferring the bad loans onto the government’s balance sheet, killing the executives who mucked up the banking system, and then renewing a degenerate Chinese banking lifestyle, stocks will likely space rocket to new highs.
Once all of the bad news is eliminated, the ugly and inconvenient truths that plague us all, life can revert to happiness and gay fucking giraffes again. While bankers in America get to retire off Greek Islands in style, after ruining our economy; over in China, they get their dicks cut off and their heads kicked into stone statues of Mao. So, maybe a Chinese bank bailout would be a good thing, long term.
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Is 500 billion dollars a lot of money? I can’t tell anymore with these bailouts.