[SeekAndFind]

China has had its share of setbacks in the past year preventing it from implementing the type of monetary policy it desires, most notably soaring food inflation as a result 110% pork CPI...

... even as producer prices, a driver of industrial profits, slumped below zero earlier in 2019, a clear indicator that China's enterprises desperate for lower rates.

[BeauBo]

It is going to be an epic writedown of bad debt, and revaluation of of their currency. The working people are going to have their net worth halved.

Domestically, they can fudge the numbers, and continue to print their Monopoly money, but in dollar terms, the reckoning is approaching.

It is going to be Epic.

The best cure for them would be to throw off the Communist Party rule.