banking crisis

Potential for a banking crisis in China – planning for risk

Posted by Rick Knowlan on Apr 26, 2011

Predictions are for suckers . . . Let’s start with a confession and a caution.  This article includes a discussion about the risk of a banking crisis in China. But we aren’t predicting China will experience a banking crisis in the next few years. Nor are we predicting it won’t. We’re not in the business of making predictions. That was the confession.  And now for the caution. We don’t think strategic planning teams should be in the prediction business, either. The conditions that could lead to catastrophe often don’t, and predictions about economics and society are notoriously...