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Weekly Update: Is China on a Treadmill to Hell?

The Jacob Shapiro Podcast

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The Pansi Loop

There is a bubble in the system, and i think when you look at the types of stimulus china trying to roll out right now, what they're trying to do. And that's where the pansi loop kind of goes together. So not only is there going to be no more panse scheme, that real estate tax issue that we we said we were going to pilot this year and we took off because we're worried about causing more lack of certainty, that's coming back on the table here.

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