China and Russia have been capitalist for decades. Russia is doing far better than its communist days, not to mention China.
I think Cuba tried that already in the late 50s.
Do you have any evidence or probable cause for your claims about "private companies collateralizing debt fraudulently loaned out for short term profit to people who couldn't afford it against governmental regulations"?…
And where did governments get the funding for those investments?
You do realize China has had a capitalist economy since the 70s, while Russia has had one since the early 90s, right?
China and Russia have been capitalist for decades. Russia is doing far better than its communist days, not to mention China.
I think Cuba tried that already in the late 50s.
Do you have any evidence or probable cause for your claims about "private companies collateralizing debt fraudulently loaned out for short term profit to people who couldn't afford it against governmental regulations"?…
And where did governments get the funding for those investments?
You do realize China has had a capitalist economy since the 70s, while Russia has had one since the early 90s, right?