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prc30 / Peter Alexander
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2024-08-14 00:45:05

prc30 on Nostr: Its been fascinating to watch #China take aggressive steps to deleverage its economy. ...

Its been fascinating to watch #China take aggressive steps to deleverage its economy.

They know there’s a problem and have made the choice to begin ripping the band aid off.

No idea how it will all play out, but this is the first example of a major economy (1) knowing there’s a problem and (2) actually taking responsible action.

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