What they have done is so so so dangerous . Its hard to foresee...

What they have done is so so so dangerous . Its hard to foresee a miracle of any type. For those who are not conversant with monetary theory its hard to understand. It has nothing to do with their culture , its to do with the physics of monetary economic policy. IMO they have been suckered into their policy responses and now they are in so deep its impossible to contemplate how they might escape. IMO this will end in a recession in China, this will cause so much political pressure that they have to devalue and that will put them in front of a USD road train they have no hope of managing