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| China’s competitiveness is driven by low taxation, not by industrial policy |
| Contrary to popular belief, China’s economy depends much less on central planning than in the past. China is strong in EV development, and the success is due to plain good economics. |
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| The Fed is warping the shape of the yield curve |
| As the Federal Reserve manipulates the money supply and interest rates, the yield curve becomes a less reliable indicator of economic activity. The more the Fed plays havoc with the system, the more we see the boom-and-bust syndrome. |
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| As the US dollar falls into ruin |
| While the candidates argue about the border and the rights of the unborn, who will speak up for a currency that continues to have its purchasing power ruined? Imagine what little value will be left three decades from now. |
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