- The prolonged global Bubble period literally inflated China to superpower status, creating rival Bubbles without precedent.
- Under the guise of “market reform,” Beijing is in the process of wresting ever-tighter control over the markets, the economy and society at large.
- Momentous changes are afoot in China, which are difficult not to regard as alarming developments. Yet apparently all that matters is that Beijing will maintain loose fiscal and monetary policies.
- We’ll see how long the Easy Money Anesthesia continues to work its magic.
For further details see:
Weekly Commentary: Easy Money Anesthesia