“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…😂
Some of the most evil institutions ever created. Vultures at least wait for you to die.
Vultures also aren’t evil, they are just garbage disposal birds that mean no harm. More than can be said for the IMF.
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