Your faith in markets never wavered, did it anon?
Posted by smellyfingernail
Your faith in markets never wavered, did it anon?
Posted by smellyfingernail
4 Comments
i dont see what “faith in markets” has to do with this graph.
Is this because of currency exchange rates or because America’s winning
Looking around at various global political happenings, I’ve come to see this as Xi deciding to nip his oligarchs in the bud while he still could.
Short vs long term
Centralized control led to massive and rapid industrialization of the soviet union and prc. But the soviet union collapsed and I don’t see the prc staying ahead of the west in the five hundred year view.