Summary:
China acts in the public interest, effectively banning cowboy capitalism. ZH hates it. Wall Street reacts to the party being over as Chinese regulators step in, sees some downside but good in the long run as a stabilizer. Neither seems to have figured out that Chinese authorities have seen what has happened in the West and want no part of such self-inflicted disasters, or they aren’t saying.Zero HedgeWall Street Reacts To China's Latest Regulatory Masterplan Which Spells Pain For The Next Five YearsTyler Durden
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China acts in the public interest, effectively banning cowboy capitalism. ZH hates it. Wall Street reacts to the party being over as Chinese regulators step in, sees some downside but good in the long run as a stabilizer. Neither seems to have figured out that Chinese authorities have seen what has happened in the West and want no part of such self-inflicted disasters, or they aren’t saying.China acts in the public interest, effectively banning cowboy capitalism. ZH hates it. Wall Street reacts to the party being over as Chinese regulators step in, sees some downside but good in the long run as a stabilizer. Neither seems to have figured out that Chinese authorities have seen what has happened in the West and want no part of such self-inflicted disasters, or they aren’t saying.Zero HedgeWall Street Reacts To China's Latest Regulatory Masterplan Which Spells Pain For The Next Five YearsTyler Durden
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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Zero Hedge
Wall Street Reacts To China's Latest Regulatory Masterplan Which Spells Pain For The Next Five Years
Tyler Durden