Crashes are happening all the time. For example right now P2P lending is crashing hard. The question is if it is worth it to have a systematic crash in order to

Crashes are happening all the time. For example right now P2P lending is crashing hard. The question is if it is worth it to have a systematic crash in order to clear the markets, as in Andrew Mellon's "liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate." China is not the only one in the modern world unwilling to crash systematically.