How Scary Is China's Shadow Banking System? - Forbes
Shadow Banking brought us to our crisis in 2008. Shadow Banking is the unregulated transactions that banks or other monetary firms can conduct, worth Trillions of Dollars a year. Sometimes they do not involve the exchange of hard currency and take place virtually. However, their weight and influence are huge and can cause markets and nations to fail.
Shadow Banking brought us to our crisis in 2008. Shadow Banking is the unregulated transactions that banks or other monetary firms can conduct, worth Trillions of Dollars a year. Sometimes they do not involve the exchange of hard currency and take place virtually. However, their weight and influence are huge and can cause markets and nations to fail.
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