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Also by the time US loses its privileged position it will already be too late to reinvest elsewhere without losses. So many funds are already moving money to Ch
by Temporary_31337 3y ago
Also by the time US loses its privileged position it will already be too late to reinvest elsewhere without losses. So many funds are already moving money to China and elsewhere. Having said that China etc have their own economic and demographic problems so nowhere seems safe at the moment.
- csense 3y agoInvesting in China seems terribly risky to me. China's been telegraphing it will attack Taiwan pretty soon. When that happens, good luck not having your investments either destroyed or nationalized.
- lockhouse 3y agoI think war or no war those possibilities are a major risk with China given their form of government.
- toomuchtodo 3y agoNot to mention their rapidly aging population. People forget: growth and economic power comes from demographics. China got old too fast. India and Africa are the remaining global youth, and I’m unsure there is appetite to invest in either market.
- anonuser123456 3y ago> So many funds are already moving money to China and elsewhere. Good luck to those investors. China has no established tradition of respecting property rights. It can change the rules of the game as it sees fit politically. The only way to make it workable is to have some critical trading relationship that makes the cost of seizing property/money unpalatable.
- Razengan 3y ago> China has no established tradition of respecting property rights. https://en.wikipedia.org/wiki/Civil_forfeiture_in_the_United_States https://en.wikipedia.org/wiki/Civil_forfeiture_in_the_United... and that's against their own citizens.
- Our_Benefactors 3y agoAre we really doing this? https://en.m.wikipedia.org/wiki/Land_Reform_Movement_(China) https://en.m.wikipedia.org/wiki/Land_Reform_Movement_(China) Landlords — had their land confiscated and they were subjected to mass killing by the CCP and former tenants, with the estimated death toll ranging from hundreds of thousands to millions.
- anonuser123456 3y agoYou can fight civil forfeiture and not risk having your family sent to a work camp in the US. It’s also politically very unpalatable to use it on businesses. Use it on a business and good luck getting re-elected as a prosecutor / police chief etc. Is it used to suppress poor brown people? Sure. Is that a good thing? No. But it’s not really a barrier to investment.
- i2cmaster 3y ago[flagged]
- HyperSane 3y ago"So many funds are already moving money to China" No they aren't.