Topics > Economy

When the SHIBOR hits the fan!

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Libertas:
How's that ChiCom liquidity PPT effort going?  Not so good, eh?

Via ZeroHedge -

http://www.zerohedge.com/article/china-conducts-emergency-reverse-repos-inject-money-market-liquidity?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

Their history on this is erratic as hell, that last graph looks like a fat man's ECG!  I guess the repos are like an angioplasty, buys some time, but the bad heart remains untreated...

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