Socialism works for China.John Ross says that 30 years ago Russia had the same sized economy as China, and he tried to tell the Russians back then to copy the Chinese model, but the Russians thought that they could be as rich as the Americans within a year if they listened to the US neoliberal economists, and some even thought they could turn the economy around within weeks. Now the majority of Russians regret what happened, including Putin. [embedded content]
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
NewDealdemocrat writes The snooze-a-than in jobless claims continues; what I am looking for in tomorrow’s jobs report
Bill Haskell writes Monthly payments could get thousands of homeless people off the streets
Angry Bear writes A Doctor at Cigna Said Her Bosses Pressured Her to Review Patients’ Cases Too Quickly
Steve Roth writes How Did Under-40s Get So Much Richer During Covid?
John Ross says that 30 years ago Russia had the same sized economy as China, and he tried to tell the Russians back then to copy the Chinese model, but the Russians thought that they could be as rich as the Americans within a year if they listened to the US neoliberal economists, and some even thought they could turn the economy around within weeks. Now the majority of Russians regret what happened, including Putin.