"... when you talk to people in Beijing, they will ... point to 2 sources of really extraordinary dynamism in the US economy; 1 is tech and the other 1 is fracking.
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"... when you talk to people in Beijing, they will ... point to 2 sources of really extraordinary dynamism in the US economy; 1 is tech and the other 1 is fracking. The other one you might add, thirdly, would be financial engineering. These are all zones in which [US]American capitalism ... doesn't encounter much regulation or obstacle, and is worldchanging, or at least has pretensions to be worldchanging."
#AdamTooze, 2026
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"... when you talk to people in Beijing, they will ... point to 2 sources of really extraordinary dynamism in the US economy; 1 is tech and the other 1 is fracking. The other one you might add, thirdly, would be financial engineering. These are all zones in which [US]American capitalism ... doesn't encounter much regulation or obstacle, and is worldchanging, or at least has pretensions to be worldchanging."
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(www.nytimes.com)
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