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 any failing policy. Not so America. An interesting read.