“It would be inappropriate for the central government to directly provide fiscal support, as it could lead to expectation of future government bail-out and therefore moral hazards,” Zhang said.
Ouch, no handouts for the financial bros…😂
“It would be inappropriate for the central government to directly provide fiscal support, as it could lead to expectation of future government bail-out and therefore moral hazards,” Zhang said.
Ouch, no handouts for the financial bros…😂
This is what a dictatorship of the proletariat looks like. IMF can’t understand.