Everyone knows the Chinese government is desperate to keep stocks from crashing. But this desperate? The regulatory tweaks aimed at supporting equities included this shocker: Homes are now acceptable collateral for borrowing to buy more stocks. Perhaps the least of the too-many-to-list problems with this idea is that property is difficult to liquidate when assets crash. The biggest is that China is sowing the seeds of a third financial time bomb to match its debt and stock bubbles. The wording of China's new rules - and its list of "other assets" that can be used as collateral - will force brokers to become experts in ... (full story)