China acts in the public interest, effectively banning cowboy capitalism. ZH hates it. Wall Street reacts to the party being over as Chinese regulators step in, sees some downside but good in the long run as a stabilizer. Neither seems to have figured out that Chinese authorities have seen what has happened in the West and want no part of such self-inflicted disasters, or they aren’t saying.
Zero Hedge
Wall Street Reacts To China's Latest Regulatory Masterplan Which Spells Pain For The Next Five Years
Tyler Durden
1 comment:
What sort of mischief would ZH adherents be up to in China?
Those guys are experts at self-inflicted disasters.
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