Wow, thank you. Knew they had problems in re, unemployment and elsewhere, but didn't know it was this bad. But makes sense. Can't patch a large hole forever when hole is growing. This should be mandatory reading on Twitter.
Great article! I’m confused tho, decoupling from US sounds like taking the medicine and making everything worse. It sounds like China should avoid confrontation, try to take any deal with the US (saving face ofc), and keep extending.
Thanks for your work. I am not arguing against your case, but there are two factual errors in your essay. First, the total equity of banks in China is around US$5.2 trillion , rather than US$3 trillion: http://www.pbc.gov.cn/diaochatongjisi/resource/cms/2025/07/2025073116053095085.htm.
Second, China M2 is just 212% of US M2, a far cry from 3 times you claim to be.
Why wouldn't China just print and devalue the Yuan? It would create a period of high inflation but it seems like a potentially easier way out.
Excellent
Wow, thank you. Knew they had problems in re, unemployment and elsewhere, but didn't know it was this bad. But makes sense. Can't patch a large hole forever when hole is growing. This should be mandatory reading on Twitter.
Great article! I’m confused tho, decoupling from US sounds like taking the medicine and making everything worse. It sounds like China should avoid confrontation, try to take any deal with the US (saving face ofc), and keep extending.
Wow, this is super interesting.