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China needs stimulus with 'beautiful deleveraging' to avoid debt crisis, says Ray Dalio

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Summary
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82% Informative

Ray Dalio : China must employ a "beautiful deleveraging" in addition to its recent stimulus measures to avoid debt crisis.

The billionaire investor defines a balanced approach to deficits that utilizes debt restructuring along with the printing of money and debt monetization.

While restructuring is deflationary, the creation of money is inflationary; thus, it is the best way to reduce debt burden.

Since the end of September , Beijing has announced several waves of stimulus and reform measures aimed at boosting economy.

VR Score

85

Informative language

85

Neutral language

68

Article tone

informal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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