China is merging hundreds of small banks to fend off financial stress
China is merging hundreds of small banks to fend off financial stress
2,100 banks could be affected as China looks to curb the bad loan environment of its rural communities, Bloomberg reported.
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I could imagine a return to what Taiwan had until the early '70s, American tactical nuclear bombs stored on the island, in a similar nuclear sharing arrangement like several European nations that don't have nuclear weapons of their own, but train pilots to drop them.
It would have to be done very carefully and quickly, so that there is no chance for brinkmanship.
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Can I help you?
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Might be an idea to brush up on the cold war, while you're at it. We're still in it.
Brinkmanship
noun
the art or practice of pursuing a dangerous policy to the limits of safety before stopping, especially in politics.
"in any game of brinkmanship, it is possible that one side will collapse suddenly"