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Evergrande, innovation, freedom, and the Worst Black Swan
The ADK Homeroom
30 minutes 18 seconds
3 years ago
Evergrande, innovation, freedom, and the Worst Black Swan
Evergrande is a perfect example of the CCP walking the line between socialism and capitalism. This comes after China has for three decades been consistently more capitalist than the US. The US's slide into socialism and the CCP's embrace of capitalist economics coupled with authoritarian politics increases the chance we will see the Worst Black Swan.
