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The standard is not the absence of volatility, or black swan events. The standard is what steps are taken afterward. The US leads the world in financial transpa
by rrggrr 11y ago
The standard is not the absence of volatility, or black swan events. The standard is what steps are taken afterward. The US leads the world in financial transparency at the corporate and state levels. We have many mechanisms that imperfectly reinforce transparency and accountability. These are the lessons China must learn if prosperity and harmony are to be achieved.