Evergrande Is Not A ‘Systemic Risk.’ Politicians Are The Only Risk To The ‘System’ By John Tamny

“Let’s hope that Chinese government officials prove wiser than American politicians, pundits, and economists who to this day think 2008 was caused by the failure of a few financial institutions. This wholly mistaken view remains the only ‘systemic risk’ in the ‘system’ that is the U.S. economy.” ~ John Tamny