Very thoughtful. But I feel that he missed an important

point in his analogy of Asia crisis to China's situation and subsequent arguments. That is, China is governed by Communists. This will make a big difference at critical time. In other countries, public unease due to montary system crash would easily result in government fall. But China would be able to weather those crisis easily. Why? because CCP would shoot anyone who dare to challenge or go against them. You lost all you earned in your life? I am sorry. But you can not go against CCP. You can kill yourself or do anything you wish but against CCP. They will kill you if you try to overthrow them. They WILL NOT hesitate. I do not believe that loss of some money would make chinese unafraid of death.

In the past, CCP made killing all the way to power. They can kill to stay in power.

If most of chinese are afraid of death as history has shown, what can happen to CCP and China? Nothing. At the most, start all over.