America’s “State-Run” Economy Just Like China’s?

“The Economist’s American Finance editor Tom Easton declared that he had recently moved to the U.S. from China, but ‘didn’t leave a state-run economy.’  Easton discusses this provocative claim in the accompanying video and provides a list below of issues – beyond ‘obvious’ areas such as interest rates and health care – where the influence of the U.S. government cannot be avoided. ‘Everyone talks about how all-pervasive the Chinese economy and government is inside of it,’ he says. The Chinese government ‘directs capital, controls the banking system and the ‘highlands’ of important industries. I’m still in China when I came back to America.'”

http://finance.yahoo.com/blogs/daily-ticker/america-state-run-economy-just-china-economist-easton-143743553.html

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin