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China: Engage! Avoid the New Cold War, by Vince Cable

Summary:
Vince Cable takes the same approach as me about China, that whatever the CPC's past or crimes, it might not be the same party today. Where China is going, I don't know, but it's looking good to me, although I prefer the Scandinavian model. But China is considering a stronger welfare state. Throughout history all powerful nations have been brutal, but could China be different? We will have to wait and see, but I can't see anything being much worse than what we have had up to now. [embedded content]

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China: Engage! Avoid the New Cold War, by Vince Cable


 Vince Cable takes the same approach as me about China, that whatever the CPC's past or crimes, it might not be the same party today. Where China is going, I don't know, but it's looking good to me, although I prefer the Scandinavian model. But China is considering a stronger welfare state. 

Throughout history all powerful nations have been brutal, but could China be different? We will have to wait and see, but I can't see anything being much worse than what we have had up to now. 





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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