News for hackers. Stuff that matters.

A comment on Circulating in China’s Financial System: More Than $200B in I.O.U.s. Parent comment

Re:Circulating in China’s Financial System: More Than $200B ... by smileysteve on Thursday August 08, 2019 @12:37PM (#20646048)
"Commercial Paper" was a large part of the 2008 recession. Particularly, GE blamed it for lack of ability to create short term debt.
[ Parent | on HN ]
Re:Circulating in China’s Financial System: More Than $200B ... by rahimnathwani on Thursday August 08, 2019 @01:02PM (#20646280)
Right, if the ability to roll it over suddenly goes away, then it would create knock-on effects.
[ Parent | on HN ]