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The Future of China's Stimulus Easing
The PBOC is currently behaving as far more hands off and allowing markets to do what they do relative to the so-called Western capitalist developed economies. But that aside, if China doesn't want to go down that like easing whole again, because they correctly or otherwise feel that more debt and leverage isn't a fix, but rather, you know, it just like can kick down the road for whatever reason. And if markets perceive that there is no policy fix coming by choice or not, then that will be very bad.