Market Manipulation Goes Global
All eyes are now on China’s attempts to cope with the collapse of a major equity bubble. But the Chinese authorities’ efforts are hardly unique: All the leading economies of the West are doing pretty much the same thing – just dressing it up in different clothes.
https://prosyn.org/tZp32Vb
NEW HAVEN – Market manipulation has become standard operating procedure in policy circles around the world. All eyes are now on China’s attempts to cope with the collapse of a major equity bubble. But the efforts of Chinese authorities are hardly unique. The leading economies of the West are doing pretty much the same thing – just dressing up their manipulation in different clothes.