Global Endgame Comes Into Sight

Rumor is that Zhou Xiaochuan will pushed out of office as the nationalists claw back power from the reform camp. If so, the reform efforts of the past couple of years may be terminated and a return towards 2008 policies (though likely not as large) may be in the cards. If this happens, then one has to wonder if Li Keqiang also goes the way of Zhu Rongji and serves a single term.

There's a lot of questions, including if this happens and what it means, but very bad news for the long-term global economy if true.

China Considers Replacing Central Bank Head, Party Officials Say

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