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Franklin Servan-Schreiber's avatar

Excellent. It is certain, and dangerous as well, that China is on a downward trajectory. That why nationalism is being hyped up. They know the economic wall is near with such a high level of debt and lack of true innovation. Democracies' chaos is also source of creativity, one is necessary to the other.

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Frederic Guarino's avatar

One could almost speak of democracies’ Schumpeterian creative destruction.

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JM Ghoussoub's avatar

Très intéressant Fred!

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