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The Red Ponzi’s Threat To Global Stability

Summary:
The western view of China's political economy is driven partly by anecdote, party by accepting Beijing's propaganda/economic data as fact. Foreign investors have convinced themselves that the Chinese Communist Party (CCP) is superior in terms of economic management , this despite ample evidence to the contrary, thus accepting the official view is easy but also increasingly risky. https://finance.yahoo.com/news/chinas-stability-risk-151200682.html

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The western view of China's political economy is driven partly by anecdote, party by accepting Beijing's propaganda/economic data as fact. Foreign investors have convinced themselves that the Chinese Communist Party (CCP) is superior in terms of economic management , this despite ample evidence to the contrary, thus accepting the official view is easy but also increasingly risky.

https://finance.yahoo.com/news/chinas-stability-risk-151200682.html

David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

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