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re: Why is the west melting over Chinese "overproduction"?

Posted on 5/7/24 at 12:13 pm to
Posted by Zach
Gizmonic Institute
Member since May 2005
112595 posts
Posted on 5/7/24 at 12:13 pm to
quote:

Their wealth building scheme was awful, which you would suspect from central planners.


And the USSR should have shown them that central planning doesn't work.
The Soviets beat the US in Sputnik and with the first manned space flight. At the same time their grocery stores and consumer products were 20 years behind the U.S. Investment is determined best by the free market.
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