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COVID Consumer Headache

COVID Consumer Headache
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Policy Errors Have Consequences

The Source for Market Opinions ....

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Policy Errors Have Consequences – Investment Watch

Policy Errors Have Consequences – Investment Watch
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Xi's Big Mistake – Investment Watch

I have mixed feelings about China. On the plus side, I think the country’s massive economic transformation may be one of the most impressive events in human history. Bringing hundreds of millions from primitive rural lives into relatively prosperous cities within a few years was awe-inspiring. I greatly admire the millions of Chinese entrepreneurs worldwide who create jobs and technology. They’ve helped the entire world in countless ways.
And yet, I can’t forget that China’s leaders are devoted, ideologically centralist communists. Americans sometimes apply that term casually to our political opponents. Xi Jinping is an
actual communist. His regime permits some limited market-like activity, but only to help achieve the government’s goals, which remain communist. ....

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