Writing in the Wall Street Journal, Former COO of Microsoft, Robert Herbold, longs for authoritarianism

Here the differences are staggering. In every meeting we attended, with four
different customers of our company as well as representatives from four
different arms of the Chinese government, our hosts began their presentation
with a brief discussion of China’s new five-year-plan.

Don Boudreaux responds to Herbold

All is not well in the Middle Kingdom

China is a big bubble, I am so biased to believing this

If you don’t believe the China bubble, watch this youtube clip. You will be amazed.

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