CNBC: China Reflects ‘Vampire Economy’

Sean Corrigan’s latest appearance on CNBC is well worth watching (3m 42s).

Mon 27 Jun 11 | 02:00 AM ET

The Chinese economy reflects the ‘Vampire Economy’ of Germany in the 1930s where the state controlled prices at the expense of profit, Sean Corrigan, chief investment strategist at Diapason Commodities Management told CNBC Monday. He added Chinese inflation figures were “not realistic of the stress in the system.”

1 Comment

  • Eric says:

    For anyone who’s interested the book Sean referred to is available from the Ludwig von Mises Institute. “The Vampire Economy: Doing Business Under Fascism” by Günter Reimann.

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