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Epsilon Theory - The Introduction

Epsilon Theory Podcast

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What's Going on in China?

China has got two things going on, and that they're both political, as these things always are. The whole notion of legitimacy in china, at least sinceh the revolution in forty nine, has been, its the party, it's the army and the people. They want to get to where you've got a domestic market that creates the self-sustaining growth opportunity. And so the question's, how do we get from here to there? I thik they'll be successful, just as the united states was successful in doing it. But they're running into a very similar issue the the united states did. It's an existential issue for that country to have real growth

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