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Frontline: Money, Power & Wall Street
Does China do capitalism better than America?
An interesting debate.
Debater: Orville Schell, Peter Schiff vs. Ian Bremmer, Minxin Pei.
Goldman and bubbles
Blaming Goldman Sachs for every bubble sounds silly. But is regulation the solution? Maybe, or maybe not — Bubbles also happens in tightly regulated market, say, in China.
Maybe what we need is smart regulation. Or, bubble is just an integral part of capitalism — As long as there are animal spirits and human greed, bubble can never be rid of.