David Reavill

What a Day! Each trading day, on the closing bell, we discuss the significant economic events, earnings reports, and financial news which impacted today's markets. Join me, won't you?

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episode 660: The "Wacky" Chinese Economy.


As Americans, we naturally look upon the Chinese Economy, as not up to the standards of ours. We prefer our free market Capitalism, to the Chinese centrally planned communism. We point to our higher standard of living, and our ability to choose our way of life, as preferable to the control of the Chinese Demand economy, where freedom is severely limited.

 

But ham fist-ed politicians throughout the United States have changed much of that. And their draconian lock down of so called non-essential businesses has taken away many of the economic freedoms and opportunities that we used to enjoy.

 

 

 


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 April 20, 2021  6m