60 Minutes had an interview with Zhang Xin, a real estate billionaire from China who worked on Wall St. with Goldman Sachs for a while. A comment she made 11min 45 sec into her interview: "You know, I hear a lot in the U.S., people praise, Wall Street people praise state capitalism in China, "Look at how efficient things get done. Decisions get made so quick and so effective. It can roll over a policy overnight nationwide. And here in the U.S., we need to go through Congress, Senate, and debate." " So Wall St. people prefer the state capitalism of China to our government and economic system? More people should hear this.
An interesting sidenote - in the transcript of the interview they put the comma in the wrong place so it looks like: "You know, I hear a lot in the U.S., people praise Wall Street, people praise state capitalism in China, "Look at how efficient things get done..." which doesn't really make sense, and takes away the impact of what she actually said.