@shortl2021 @rbrtrmstrng Yup. There was an even worse 2008-style nightmare that some used to fear. Isnt the regime deliberately accepting

@shortl2021 @rbrtrmstrng Yup. There was an even worse 2008-style nightmare that some used to fear. Isnt the regime deliberately accepting this heavy price to avoid that stability-threatening scenario? @michaelxpettis

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