Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
Amazing that, when I contribute $1 into my 401k that is invested in the same stock market and mutual funds as public sector pensions, that dollar is sucked into a black hole, never to return. Yet put that same $1 in the pension systems and a prosperous economy is born.