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Re: derek2000 post# 71898

Monday, 02/07/2011 9:41:59 PM

Monday, February 07, 2011 9:41:59 PM

Post# of 94785
Question

As crazy as the theory may sound, what is happening to this money?

http://seekingalpha.com/instablog/644295-leland-miller/128080-can-china-stop-its-banks-from-lending

"Chinese banks typically hit their loan targets far before year end, leaving regulators the impossible (and perhaps dangerous) job of enforcing an almost total clampdown of credit at the end of the year. In 2010, for instance, Chinese banks hit their quota mark in November but still managed to loan a massive 480 billion yuan in December."

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