五千年(敝帚自珍)

主题:QE3来了,奥巴马连任近了 -- 种植园土

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家园 fiscal stimulus only

monetary stimulus has already created a ticking bomb in the banking system. We will see results in 2-3 years.

Large fiscal stimulus at national level will only be rolled out after next March when all the key gov. positions are settled.

Expect slow and slower growth across China for a while.

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