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Since this is a purely internal Chinese issue, Mosler's Dictum applies: There is no financial crisis so deep that it cannot be solved by a sufficiently large public spending program.

The question is one of political will. Which means you need a Beijingologist, not an economist.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Thu Jun 20th, 2013 at 05:54:45 AM EST

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