Morgan Stanley Is Planning Biggest China Job Cuts in Years
https://www.bloomberg.com/news/articles/2024-04-17/morgan-stanley-plans-biggest-round-of-china-job-cuts-in-years
by lurker_bee
Morgan Stanley Is Planning Biggest China Job Cuts in Years
https://www.bloomberg.com/news/articles/2024-04-17/morgan-stanley-plans-biggest-round-of-china-job-cuts-in-years
by lurker_bee
3 comments
Best place for foreign banks to expand APAC operations within, is… Japan.
Boo-Hoo 40 banksters lose their jobs and it is “front-page news” justified by this lie.
>The world’s second-biggest economy is struggling to find a firm footing due to a prolonged real estate crisis and persistent doubts over growth.
Deshai and Hudson explain.
>[what China did in 2020 was it introduced what it called Three Red Lines, which were basically designed to reduce financial risks.](https://geopoliticaleconomy.com/2024/03/13/china-economy-radhika-desai-michael-hudson/)
Unlike the Political Leadership in the USA, China cracks down on financial fraud for the benefit of its citizens. Lots of diagrams in this video (and transcript) which show China’s economy is doing “just fine” when compared to that of the USA.
#DEFUNDCHINA