http://www.zerohedge.com/news/2014-03-25...solvency-rumors

Here is a story that the MSM isn't telling you. China is in the middle of having their house of cards economy falling down. Housing prices are collapsing 50% as people rush to unload them to make cash. No one is buying their garbage in at the level they need to stay growing. Companies are failing everyday. It is a disaster....

Zitat

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Curious what the real, and not pre-spun for public consumption, sentiment on the ground is in a China (where the housing bubble has already popped and the severe contraction in credit is forcing the ultra wealthy to luxury real estate in places like Hong Kong) from the perspective of the common man? The photo below, which shows hundreds of people rushing today to withdraw money from branches of two small Chinese banks after rumors spread about solvency at one of them, are sufficiently informative about just how jittery ordinary Chinese have become in recent days, and reflect the growing anxiety among investors as regulators signal greater tolerance for credit defaults.

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