China proclaims to all the virtues of its socialist market economy. It wants the benefits and blessings of a market economy with all the control of rigid centralized authoritarian communism. Herein lies the eternal conundrum of governance.
China is wrestling with how to reduce the debt risks associated with heavily indebted provinces and real estate firms. The latest real estate firm in the market crosshairs is the Shenzhen-based developer Vanke. Vanke is one of the healthier real estate firms in China due primarily to its heavy investment in Shenzhen and the surrounding area, though this is still akin to saying they are the healthiest of cancer patients. Shenzhen wants to impose market discipline on Vanke, but not too much discipline….
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Living Under Democratic Rule
A Survival Guide For Republicans, Conservatives, & Libertarians
Democrats hate the Constitution. They hate individual liberty. They hate freedom. But they didn’t just wake up this morning snarling and twirling their handlebar mustaches, born with an innate desire to be “the bad guys.”
Democrats’ hatred for your liberty has a driving force: the need to control
Living Under Democrat Rule will first take you a little deeper into what makes Democrats such a problem. Then we’ll explain how important it is to your well-being to be smarter than the Democrats.