Eric Jackson: Face It, China Is The New America

Eric Jackson, President of Ironfire Capital, spoke to CNBC about the China he sees, one booming, but bound for a soft correction.

  • 0:50 What’s going on in China is like what happened to America during and after New Deal
  • 1:30 If China has a correction, it will be soft, rather than hard
  • 2:20 China’s government can swiftly move to to control markets
  • 3:50 Yahoo has intelligently worked with Alibaba to find its way into China

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