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China Plays The Long Game While The U.S. Blows Bubbles

September 30, 2021
Source: myfxinfo.com myfxinfo.com
News Snapshot:
China is taking multiple actions to boost productivity and sustainably strengthen its economy. If successful, China’s efforts come at the expense of the U.S. and other western nations that are not as willing to stress the benefits of productivity. We abhor communism in part because of its economic shortfalls and restrictions on basic human rights and freedoms. However, communist rule has a benefit. In China’s case, the government can take actions without broad government approval, regardless of what its people think. Today, it is using its authoritarian power to better the economy and raise collective prosperity. Some of the productive...
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