Carl Levin Carte Goodwin Chuck Grassley Chuck Hagel Chuck Schumer
Sunday, October 17, 2010
Can China Balance Freedom, Prosperity?
Tom Friedman, New York TimesThere has been a lot of buzz lately about investors “shorting” China’s overheated real estate market, basically betting that it will go down. I say that’s peanuts. There is a much more interesting shorting opportunity in China today. It is truly “The Big Short,” and that is betting that China can’t continue to grow at this pace indefinitely by only permitting its people to have economic liberty without political liberty. I’m sure Goldman Sachs would write you a credit default swap on that, and the Chinese...
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