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.
Open up. That’s how to fix it. Do not bail out state and local governments. Force them to cut. The US is going to create a debt problem that is unsolvable if they continue to follow the Keynsians and the bad shut down policy. See Bitcoin price. It’s the new safe haven. Not gold.