主题：历史就这样重复着 -- parishg

弥天大谎的破灭

——无锡新兴公司非法集资案查处始末

http://www.my285.com/zj/zpjs/mtdh/index.html

32亿元超级骗局——无锡新兴实业总公司非法集资案

16 years later, we might have to talk about 1000b at least.. 3.2b is really peanut.

http://webcache.googleusercontent.com/search?q=cache:zD4KHXHuC4kJ:www.xooob.com/129850_129880.html+%E9%82%93%E6%96%8C+%E6%97%A0%E9%94%A1%E5%B8%82%E6%96%B0%E5%85%B4%E5%AE%9E%E4%B8%9A&cd=10&hl=zh-CN&ct=clnk&gl=ca&client=firefox-a

premier Zhu raised interest rate to fight inflation-->real estate bubble in early 1990s-->ponzi scheme in China.

Premier Wen raised interest rate to fight

inflation-->real estate bubble in 2002-2009-->WonZhou Ponzi scheme.

15 years later, nothing changed. The same storyline happened again, just with new actors and actresses.

温州民间借贷引发企业债务危机现场见闻

One famous American investor once commented that China has a primitive (exact wording "cave-men-styled") banking system as well as monetary system. I was furious at first, but I had to admit that he is right.

Greed has short memory, esp., the greed back in China.