The Central Planners

Some American investors thought the oppressive central planners who run Red China were wizards at successfully managing their economy. These Americans believed the butchers of Tiananmen were brilliantly guiding mainland China to prosperity. Central planners attempt to manipulate markets. Every time they have tried, no matter where they were, the central planners have failed. China is a massive nation with massive resources. The Communists managing China create worse outcomes than free market forces.