Only because tomorrow the politburo will be discussing a new Chinese stimulus program. Yawn. Pure fantasy.
Well, there’s one bright side to the mostly ugly scenario. The stupid spending policies are buying us more time, before they cause a greater collapse. As for China, here’s a Forest-Gump-like answer. Sooner or later, we have to make things in order to have things. The more things that we’ll have to trade, the more things that we’ll get in return. ;-)