从13年的经验来看，去x16q杆可以分为8ZjQ步：第一步sQca去金融市场oUAR杠杆，金融UVEN管趋严，货bEnn政策边际收ney6，资金利率AKgc行导致债市3ABA期下跌；第QIzx步是去实体kaQp济的杠杆，cDJI资需求的回GjkL将导致利率7TAJ期下行，债fivK将重新走牛Mhky

Lookingattoday`sIndia,allthechallengesitfacescoulddatebacktocolonialtimesandeventheearlydaysofIndiancivilization.AtthetimetheBritish-colonizedIndia,manyareaswerestillunderthecontrolofkingsbelongingtodifferentindigenousgroups,andsomewerefunctioningwellbecausetheyhadtheirowntaxationsystems.InChina,asearlyas2,000yearsago,theQinDynasty(221BC-206BC)achievedagrandunificationofthecountryandstartedatransformationfromthefeudalsystemtothecountysystem.