A Ruthless Figure: Why is the CCP's Economy Like Simultaneously Turning Seven Bottle Caps: Interest rates dare not fall, exchange rates dare not depreciate, the economy cannot but be supported, and the three things fight each other, forming a deadlock. This issue exposes that all seven bottle caps are tied to real estate as the single anchor, and the most counter-intuitive iron rule: flooding the market cannot save the cascading collapse that has already bitten its own tail.
https://www.youtube.com/watch?v=Kwou-zdAkoY