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“Pumping!”

Summary:
ChiComms have put another bank in trouble: Bank of Jinzhou said on Thur that it's in talks with multiple parties for possible strategic investment, and that it is operating normally. It's reported local regulators recently met financial institutions in Liaoning province to discuss the bank's liquidity problems. — YUAN TALKS (@YuanTalks) July 25, 2019 Developers having their credit lines pulled: An update here. Another 3 developers declared bankruptcy on Thursday, bringing the number to 274 and 37 in July alone. https://t.co/gxy1I5nrS1 — YUAN TALKS (@YuanTalks) July 25, 2019 Not looking good....

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ChiComms have put another bank in trouble:


Developers having their credit lines pulled:

Not looking good....

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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