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When do you want me to start? http://al4a.fun/al4avideos/ www.al4a.com Edwards, a well-known bear of long standing, notes that Chinese officials, having bemoaned quantitative easing (QE) when it was being expanded, are now doing the same as it threatens to contract. Indeed, credit growth, on which China is highly dependent, has been falling. Edwards argues that Chinese officials may in the end choose to devalue the yuan as a way to expand credit. That would be very deflationary for the rest of the world, and doubtless highly destabilizing for financial markets.

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