Disclosures from two of Asia’s largest lenders showed that British banks are among of the most vulnerable to the current market troubles in China.
In its latest report, HSBC said outstanding loans to China grew 12 percent in the past … Read the rest
by Albert Brenner
The bewildered herd must be governed by a specialized class whose interests reach beyond the locality. (Walther Lippmann)
Knowledge is power… and power is money. In order to make big money, you need big money.
The first … Read the rest