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China’s Export Game Won’t Work This Time

Containers pile up at a Chinese port. AFP PHOTO/MIKE CLARKE (Photo credit should read MIKE … [+] CLARKE/AFP via Getty Images) AFP via Getty Images Beijing has decided it can export its way out of its economic problems, substitute overseas…

German companies deserve blame for deindustrialisation

One of the greatest myths about capitalism is that companies like competition — or, for that matter, their customers. The truth is that in an ideal world, from the corporate perspective, one would hold a monopoly in supply and serve…