5th November 2019
In February this year, we outlined the risks of a financial crisis in China. (Published as one of our Geld Zug commentary articles: https://arminiuscapital.com.au/preparing-for-the-china-crisis/). One of the triggers for a financial crisis was a rash of problems among China’s small banks. This trigger may be taking shape right now. Another small bank suffered a run last week, making it the fourth small bank to get into trouble since May… [read more]