A rather nice illustration from @bopinion of why the “big bazooka” is such a weird image for the awesome backstop p… https://t.co/fpIHQVzgd3
"In 2012, there were 99m impoverished people in China. Beijing spent some 1.5tn renminbi lifting them up and sent 2.9m
"In 2012, there were 99m impoverished people in China. Beijing spent some 1.5tn renminbi lifting them up and sent 2.9m officials to the poorest villages