Madam Speaker, I thank my colleague for his dynamic speech.
He quoted the book by Acemoglu and Robinson, which was quite popular in 2012. At the time, Quebec's finance minister said it was his bedtime reading and he predicted its authors would earn a Nobel prize.
The authors' analysis led them to predict an economic downturn in China. Political power is too concentrated and the leaders, who fear the presence of other economic powers, are going to do whatever it takes to block the emergence of those powers. Those are the reasons why the authors predicted China's economic downturn.
What does my hon. colleague think of that?