China In A Nutshell

We have explained the complications of China's monetary policy efforts, trade-financing shenanigans, 'peculiarly stable' headline macro data in the face of collapsing real data, and the 'hangover' effect of China's seemingly-terrified-for-reality-to-peek-through credit injections... but sometimes, a brief 30 second clip is all that is needed to explain just how it all works in China...

 

 

... And yes, someone was aboard this launch from a Chinese vessel...

 

h/t @noalpha_allbeta