Jeff Carter @pointsnthings
I think it’s the beginning of the end.
Why will outside capital invest in China? China is a communist centralized bureaucracy. Communism must operate at 100% employment. They thought they were embracing controlled capitalism, but capitalism cannot be controlled. Markets aren’t puppets. As soon as they are viewed as puppets, economic imbalances build. When they pop, it’s ugly. We are seeing the beginning of the pop of the Chinese bubble.
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