Monday , August 19 2019
Home / David Stockman's Contra Corner / The Red Ponzi’s Threat To Global Stability

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

Topics:
David Stockman considers the following as important:

This could be interesting, too:

David Stockman writes 12 Reasons Why Negative Rates Will Devastate The Global Economy

David Stockman writes Inside Washington’s Low-Inflation Scam

David Stockman writes Mind The Global Auto Bust—It’s Cascading Far And Wide

David Stockman writes Can You Say Ponzi-Son? Soft Bank’s Fabulous 8 Billion Con Job

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.

Leave a Reply

Your email address will not be published. Required fields are marked *