State financing of core industries has always been a competitive advantage and the USA has ‘hidden it’ by using the military as means of R&D, that the private sector privatizes and converts to a market good. Other countries keep the returns on those investments. We don’t.
Source date (UTC): 2019-12-17 16:55:29 UTC
Original post: https://twitter.com/i/web/status/1206981251653128202
Reply addressees: @ChristaylorBrwn @dallas101346 @PeterSchiff @realDonaldTrump
Replying to: https://twitter.com/i/web/status/1206980950971895809
IN REPLY TO:
Unknown author
@ChristaylorBrwn @dallas101346 @PeterSchiff @realDonaldTrump Where the Russians used price control on labor. But central investment and planning of transformation is optimum velocity if catching up. Private capital is superior for returns on capital and limiting corruption. Russians created black markets in everything. Chinese haven’t.
Original post: https://x.com/i/web/status/1206980950971895809
IN REPLY TO:
@curtdoolittle
@ChristaylorBrwn @dallas101346 @PeterSchiff @realDonaldTrump Where the Russians used price control on labor. But central investment and planning of transformation is optimum velocity if catching up. Private capital is superior for returns on capital and limiting corruption. Russians created black markets in everything. Chinese haven’t.
Original post: https://x.com/i/web/status/1206980950971895809
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