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Beware of Wall Street Greed as China’s Wealth Overtakes America

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Beware of Wall Street Greed as China’s Wealth Overtakes America
People are seen on Wall Street outside the New York Stock Exchange (NYSE) in New York, on March 19, 2021. Brendan McDermid/Reuters
Anders Corr
Updated:
Commentary

A new McKinsey report finds that China’s wealth blew past that of America over the past 20 years. Wall Street is too busy lapping it up to care much for the resulting deterioration of our national security.

Anders Corr
Anders Corr
Author
Anders Corr has a bachelor's/master's in political science from Yale University (2001) and a doctorate in government from Harvard University (2008). He is a principal at Corr Analytics Inc. and publisher of the Journal of Political Risk, and has conducted extensive research in North America, Europe, and Asia. His latest books are “The Concentration of Power: Institutionalization, Hierarchy, and Hegemony” (2021) and “Great Powers, Grand Strategies: the New Game in the South China Sea" (2018).
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