Gongol.com Archives: November 2015
November 15, 2015


China has lots of available capital to invest, and lots of American companies are prospectively for sale. If you don't want to lose control, don't sell out.

That officially makes for a recession. Business investment is slipping, and that most likely has a contributing effect.

It may be necessary for government to protect certain firms or industries for countries without a lot of natural resources to develop rapidly. South Korea, Japan, Singapore, and others have gone the route of high intervention in exchage for quick development. But eventually the protections have to go away, and that transition isn't easy.

"State-sponsored slavery seemed like a thing of the past, but now ISIS is an unapologetic slave state."