Bungling Beijing's Stock Markets

Quicklink submitted By   Follow Me on Twitter     Message Sheila Samples     Permalink
Related Topic(s): ; ; , Add Tags

Must Read 1   Valuable 1  
View Ratings | Rate It

opednews.com Headlined to H3 8/14/15

Become a Fan
  (44 fans)
From flickr.com/photos/27865228@N06/4984650777/: Paul Krugman
Paul Krugman
(image by david_shankbone)
  License   DMCA

China is ruled by a party that calls itself Communist, but its economic reality is one of rapacious crony capitalism. And everyone has been assuming that the nation’s leaders are in on the joke, that they know better than to take their occasional socialist rhetoric seriously. Yet their zigzagging policies over the past few months have been worrying. Is it possible that after all these years Beijing still doesn’t get how this “markets” thing works?

Read the rest of the story HERE:

At www.nytimes.com

- Advertisement -
- Advertisement -