Afinancial crisis in China has become inevitable. If it happens soon, its effects can be contained. But, if policy makers use further doses of stimulus to postpone the day of reckoning, a severe collapse will become unavoidable within a few years.
manbetx3.0 上演金融危机已是不可避免。如果危机在较短时间内发生,其后果可以得到控制。但假如政策制定者进一步实施刺激,试图推迟“清算日”,那么几年内发生严重崩盘将不可避免。
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