And you wouldn't dare insult me, sir,
If Jack were only here.
I think the headline was inspired by some of the soporific prose that followed it. To wit:"Given the apparently little justification for a large devaluation from a short-term macroeconomic perspective, we see more longer-term and structural motives for the authorities’ actions. More specifically, we think there is now a conscious effort to experiment with a deliberately undervalued exchange rate (the “China Model” one might call it) and to pursue a more aggressive strategy of import substitution."
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