2 ms·
>if they're allowed a bit of education PRC had like 3-10% tertiary education in 90s-00s. IMO the masses are not going to absorb a bit of education. They'll sti
by maxglute 2y ago
>if they're allowed a bit of education
PRC had like 3-10% tertiary education in 90s-00s. IMO the masses are not going to absorb a bit of education. They'll still speculate, bandwagon etc if there's money to be made. It's not so much degenerate gambling as degenerate heresay malinvestment not thinking they're gambling when they actually are. A shares in the 00s was basically a casino, but investors thought they could beat the house because latest XYZ tip. % of educated in society much higher now, but problem is uneducated still around and retiring, i.e. potentially even worse casino reopens.
>investing in foreign companies/indices
No this is definitely controlled out of capital flight concerns. Since the cohorot who would benefit from this are the top quantile, whose capita CCP definitely wants to control.