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Is Evergrande Really China’s Lehman Moment?
Capitalisn't
Is China a Better Capitalist System Than the United States?
I think for a long time, there as a temptation to believe, and i think it goes back to people's faith, blind faith, in the vie structure. People believed that china was following a model of capitalism where it would be controlled capitalism but entrepeners were b going to be able to get rich. And i think we're seeing very clearly that's not the way it's going to go. What i fear is, at the end of this, people will look up to china, sayingts a better capitalist system. Because the united states did not deal particularly well with the financial crisis,. especially on the spill over on the ordinary americans. They protected the
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