Armstrong Economics Blog/China
Re-Posted Jul 12, 2017 by Martin Armstrong
QUESTION: Mr. Armstrong; I read your analysis of Country Risk. It was truly fascinating. You are correct. We do not consider investing in Syria or Iran no less North Korea because they are not safe places to do business. That is clearly the first decision which shuts down any further consideration.
So I must ask. What is your next advice to China? And will you be coming to Shanghai for a conference anytime soon?
ANSWER: My advice to China is now to formalizing the Rule of Law, establish courts with true independent judges nominated only by the private sector, and their terms should be a maximum of 2 years and out – barred from ever holding any government job again. I am aware that Federal judges from New York went to China to explain how to establish…
View original post 305 more words