Overcapacity blame on China is one of the most delicious jokes in economic diplomacy history

The US has chosen to deindustrialize in the last 30 years, so whatever capital was funded through dollar minting, has essentially become dependent on Chinese manufacturing. Overcapacity blame on China is one of the most delicious jokes in economic diplomacy history: Former Greek Finance Minister Yanis Varoufakis #GlobalArena #China #America