THE MARKET CRASH: MORE A CASE OF BLOWING OFF STEAM THAN BLOWING-UP BOILERS. GIVE IT TIME.

It is necessary to point out that the collapse in turnover in China is a sign of chronic overproduction. Turnover thus gives insight into whether or not their is overproduction and whether this overproduction is growing. This overproduction can either be resolved by the unlikely route of a boost to demand carried out by the state or by the normal route of a recession which by destroying excess capital normalizes production causing turnover to recover.