26 July 2012 - albatross farm 4

< yesterday -- tomorrow >

Qin: This one really is a bit heavy—currency control.
diplomat: That albatross is a hot potato.
Qin: You Westerners talk funny. The economic control is cool, but these trillions in foreign currency reserves sure are a burden.
diplomat: The rest of the world doesn’t see it that way.
population: Pff.
Qin: I have plans to get rid of this one, but it’s going to take a long time.
economist: Well, that’s actually understandable.
diplomat: No it’s not! Dance to my tune now!
Qin: Do you know how long it takes to start a business in China? Every process is gradual.

clue:

A problem for everybody, China included, but also in the end a self-limiting problem. The political attention on Chinese exchange rates is way out of proportion to the measures that can be taken.

take oh take this clue away

the Daily Whale || copyright 2012, 2024 Jay J.P. Scott <jay@satirist.org>