Friday, May 21, 2010

How China will bury us | Cranach: The Blog of Veith

How China will bury us | Cranach: The Blog of Veith: "Notice that this is NOT free market economics but state-run and state-directed economics that takes advantage of capitalist economies by means of state monopolies, coercive government power, and economic clout."

Central planning has been shown to be a failure (i.e. most communist nations) and it will once again be shown to be a failure.