Yellen’s visit to Beijing: penny lectures from economic ignoramuses
Posted by: John Phoenix
The USA is outraged to find it no longer calls all the shots on its much-promoted world market.
Proletarian writers
It turns out that the imperialists are only in favour of a free market if that ‘freedom’ is rigged in their favour. The sight of the USA of all countries complaining about ’unfair competition’ has all the absurdity of a Monthy Python sketch.
With the USA’s national debt topping an eye-watering $31tn, inflation running rampant and the accelerating deindustrialisation of the economy, treasury secretary Janet Yellen clearly has her work cut out.
But instead of facing up to the reality of the situation at home, Yellen used the occasion of her week-long April visit to Beijing to lecture her hosts on how best to run their ...










