The gloom of waiting for the turnaround, as China and US take different routes

© Fintastique

A geopolitical analyst examines current market conditions in Splash24/7 to find out how long the current slump will last. She posits that the US recovery is so mediocre that there may be a structural problem, exacerbated by American ideologies based on belief, not data. But she is more optimistic on China, pointing out that it “has a great advantage over the US because it is run by engineers rather than politicians and lawyers”. Its pragmatism, she writes, means it changes ...