You are exactly right. The author points out the inherent deep flaw of any totalitarian state — total and complete opaqueness about everything and especially about financial data. You cannot trust ANY data the Chinese put out.
Unfortunately, the rule of law in the USA is collapsing. We clearly have two sets of laws for the high-level connected “good” people and the rest of us.
And the abuse of Executive Orders and the Regulatory Branch continues apace. Just today, Brandon signed an EO commanding the entire federal government to base their actions on “environmental justice.” And the Regulatory State has decided we should not use fossil fuels, you cannot have natural gas appliances, or gasoline cars. The EOs and Regulators are totalitarian command-and-control lunatics that are destroying us. It is probably worse communism than Xi uses in China.
“The EOs and Regulators are totalitarian command-and-control lunatics that are destroying us. It is probably worse communism than Xi uses in China.”
Yes it’s quickly heading that way.
Another big destroyer of our rule of law are prosecutors who strictly on their own decide what to prosecute and what not. That’s as bad as any dictatorship.