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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (203408)12/28/2023 12:44:40 PM
From: carranza2  Read Replies (1) | Respond to of 218271
 
A three-way diverse analysis of the present state of the Chinese economy: structural, cyclical, and in-between.

Posen is brilliant.

The most significant misstep was the zero Covid policy, which was beyond stupid. Perhaps a government that controls its population minutely actually thought it could control the movement of a microscopic particle. Ironic, having miss-handled the virus from its creation, the Chinese government gets its miss-steps handed back to it. In spades. Or, as Posen describes it, the Chinese economy has long Covid.

youtube.com

It's not all roses, balloons, and unicorns in China.

The Chinese economy is the anti-thesis of the Austrians.

History has shown that a managed economy doesn't ultimately work. Why should China be any different?