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China's Economic Stimulus: A Deeper Look
This chapter examines China's recent aggressive stimulus measures in response to economic challenges, including interest rate cuts and liquidity injections. It highlights the limitations of such measures, noting their failure to address fundamental economic issues and the implications for global markets and specific assets like Bitcoin. The discussion also critiques U.S. economic data integrity and contrasts the economic models of China and the U.S., emphasizing long-term risks amid short-term gains.