[Karen37a]

https://www.bloomberg.com/news/artic...eads-in-market

China’s clampdown on financial risk has weighed on P2P platforms for the past two years, but the pressure has intensified in recent months after the country’s credit markets tightened and the banking regulator issued an unusual warning to savers that they should be prepared to lose all their money in high-yield products. While that has triggered bouts of panic among users of smaller P2P platforms, there’s little evidence that the turmoil has spread to more systemically important parts of China’s financial sector.

[Karen37a]

China Locks Down Financial District As P2P Lending Implodes

https://www.pymnts.com/news/internat...ending-losses/

[MCNetwork]

This stuff has zero relevance to the MCA industry...

[Karen37a]

This stuff has zero relevance to the MCA industry...

Technically it shows what happens when you regulate and then cause a fear induced riot for investors to flee from any given platform

so have at it

[MCNetwork]

Only people with skeletons in their closets fear regulation. If someone has a criminal record, then he has every right to be worried. People with clean records are pretty indifferent and most are open to it. Let's clean up this industry and bring on regulation!

[Karen37a]

Only people with skeletons in their closets fear regulation. If someone has a criminal record, then he has every right to be worried. People with clean records are pretty indifferent and most are open to it. Let's clean up this industry and bring on regulation!

Not true. Again. I have nothing to fear except implosion

[Karen37a]

Hey you learned something from those guys other than how to not close real sales Archie ...im proud of you...Bravo