Could China Go the Way of 1980s Japan?—Part 3

Could China Go the Way of 1980s Japan?—Part 3
Vehicles make their way along a busy road past the Jing'an Temple in Shanghai, China, on Oct. 14, 2021. Hector Retamal/AFP via Getty Images
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Commentary

Some have marveled in the recent past at the often mindless, herd mentality of people I will here only loosely describe as “investors.” People with seemingly more money than common sense have chased everything from fundamentally bankrupt meme stocks to every new cryptocurrency offering, typically based on no more than not wanting to be left out of the latest “hot story,” no matter how little is really behind it.

Chris Temple
Chris Temple
Author
Chris Temple has set himself apart with his unique ability to make the intricacies of the markets and our world understandable to the average person, chiefly via his newsletter The National Investor.  With over five decades in the financial and investment world, his commentary has appeared in Barron’s, Forbes, Investors’ Digest, among other publications. To discover how to get his proprietary research in the paid newsletter service, go to The National Investor.
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