I think this is important and needs to be understood. In the last dozen years we had to learn about QE and how that changed everything. The changes now beginning in China are of a similar magnitude.
Kevin Rudd is not my personal favorite but at least he is well informed and this is about the best info around at the moment until something better comes along. (he's a pompous twat and speaks self importantly... I recommend playing the video at 1.25 speed)
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