China’s economic collapse carries a warning about our own future ...Middle East

Christmas is coming early to America, but in the form of a warning, not a gift. Just as Ebenezer Scrooge was shown his future, enabling him to change his ways, America is seeing its own future in China's ongoing economic collapse. This specter from across the Pacific should scare us into correcting course before it’s too late. China’s state-dominated economy is going the way of all centrally-planned economies — down the drain. With many in the media loudly proclaiming that “China’s 40-year boom is over,” it’s worth contemplating why this is happening, if for no other reason than to avoid the catastrophe here at home. China’s manufacturing base, the mainstay of its economy for de

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Last updated : 13 September 2023 clock 02:20 PM

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