Beijing injected a staggering $685 billion in new credit into its financial system in the month of January and the money continues to leak out causing assets to rise across the globe. Today China continues to prop up the unpropable, and yes, while no such word exists, when it comes to China's economy it should, for "unpropable" describes the financial collapse that can only be postponed but not stopped. The article below argues that this will have a major impact in currency markets going forward.

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