Part One: The Long Hall The tremor starts in my right thumb on the third hour. I'm copying a land dispute from Henan — characters I don't read, just reproduce. My brush moves right to left, column after column. The tremor makes the vertical strokes waver. I flex my fingers. Count the completed folios. Nineteen. … Continue reading The Ink Debt
Tag: debt
A China Prediction: A Debt Deleveraging in a Decade
"What happens when torrid monetary and fiscal reflation in the West meets tighter credit and evaporating liquidity in China?We will find out soon enough who calls the shots for world inflation in a globalised economy dominated by cross-border capital flows. We will also find out whether these two colliding forces moderate each other, or set off the … Continue reading A China Prediction: A Debt Deleveraging in a Decade
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