Roach is very, very confused. First he bemoans the lingering presence of administered pricing by PRC economic ministries. Then he applauds CPC policy moves toward de-emphasizing investment for export and stoking internal household demand. Then he commends CPC top brass for recognizing the importance of stoking internal household demand via downward income redistribution mechanisms. Administered pricing of Chinese labor-power, anyone? What an idiot almost as bad as the execrable Schumer.
John Gulick Knoxville, TN
