March 7, 2016
I want to start trading in the US stock exchange but i won't until competition starts working. This is a basic tenet of social mobility. Remove institutional barriers and let the creative destruction take place. You are slowly losing your edge by keeping those dinosaurs well fed. let them die or evolve without pandering. The world is watching and it increasingly looks you are becoming like the Chinese party and the protection of their state industries (and even the party is bolder than you).