http://www.peterschiffchannel.com/2009/04/26/peter-schiff-on-china/ Tue, 04 May 2010 08:00:31 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.peterschiffchannel.com/2009/04/26/peter-schiff-on-china/comment-page-1/#comment-247 Serge Thu, 17 Dec 2009 05:57:16 +0000 http://www.peterschiffchannel.com/?p=131#comment-247 Peter talks a lot about importance of reducing government's involvement in the marketplace in order for the US economy to recover; yet he praises the state of Chinese economy which, last time I checked, considered to be a command economy! Doesn't Peter Shchiff contradict himself? Doesn't this fact prove that the arguments for or against supremacy of one economic model vs. the other (e.g. Free Market vs. Command economy) is pure nonsense. I think the quality of management and leadership among the government officials is the key to success regardless of economic model. Peter talks a lot about importance of reducing government’s involvement in the marketplace in order for the US economy to recover; yet he praises the state of Chinese economy which, last time I checked, considered to be a command economy! Doesn’t Peter Shchiff contradict himself? Doesn’t this fact prove that the arguments for or against supremacy of one economic model vs. the other (e.g. Free Market vs. Command economy) is pure nonsense. I think the quality of management and leadership among the government officials is the key to success regardless of economic model.

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