Is China's New Muni Transparency A Public-to-Private Risk Transfer Trap?

Tyler Durden's picture

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lolmao500's picture

Shanghai... where the price of a simple flat is 80x times the average yearly salary... Totally not a bubble.... When the chinese real estate collapses, most munis in China will go boom too, bankrupting everyone who bought munis... so go ahead, buy chinese munis, they are as safe as Detroit was!

MSimon's picture

Flat reduction advice: Keep your tires inflated. Your money supply not so much.

Michael's picture

China's epic housing bubble has already burst. They just don't know about it yet.

fourchan's picture

transparency? yea like hft creates liquidity.

I_Am_'s picture

My God!! Is there no exhaustion to/in this f..k fest....... to what extent will the money be sucked off and off and off....

Esso's picture

No, the death by a quadrillion cuts will continue unabated by the 1%ers until the 99% is strip-mined bare and reduced to serfdom, or until we kill the 1%ers and their families.

Barometer's picture

Expect Paulson to be limit up this garbage

jcaz's picture

Yeah, good luck on collecting on those bonds when they go into default.........

Zero Debt's picture

Today's Confucian proverb: Wise official never invest in transparency.