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The Fable of the Chinese Whistleblower Stephen S. Roach and Weijian Shan

Summary:
The more the United States struggles with the ravages of COVID-19, the more President Donald Trump and his Republican Party will blame China. The facts hardly matter, as their exploitation of the tragic case of Wuhan doctor Li Wenliang shows: If Trump and the GOP think a conspiracy theory will win votes, they will run with it. Of course, it's not only the GOP that will run with a conspiracy theory and this is not the first time, either. Recall the run up to the invasion of Iraq because "WMD." Similarly, the Democratic Party aka "The Resistance" has run with the "Russiagate" hoax for years and is still hanging on to it after being discredited.Project SyndicateThe Fable of the Chinese WhistleblowerStephen S. Roach, a faculty member at Yale University and former Chairman of Morgan Stanley

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The more the United States struggles with the ravages of COVID-19, the more President Donald Trump and his Republican Party will blame China. The facts hardly matter, as their exploitation of the tragic case of Wuhan doctor Li Wenliang shows: If Trump and the GOP think a conspiracy theory will win votes, they will run with it.
Of course, it's not only the GOP that will run with a conspiracy theory and this is not the first time, either. Recall the run up to the invasion of Iraq because "WMD." Similarly, the Democratic Party aka "The Resistance" has run with the "Russiagate" hoax for years and is still hanging on to it after being discredited.

Project Syndicate
The Fable of the Chinese Whistleblower
Stephen S. Roach, a faculty member at Yale University and former Chairman of Morgan Stanley Asia, and Weijian Shan, CEO of PAG

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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