- cross-posted to:
- worldnews@lemmygrad.ml
- cross-posted to:
- worldnews@lemmygrad.ml
The article doesn’t mention it, but it’s also difficult to bring their money with them due to strict transfer limits.
https://archive.ph/2RegJ
The article doesn’t mention it, but it’s also difficult to bring their money with them due to strict transfer limits.
https://archive.ph/2RegJ
Imagining an outcome where the Chinese millionaires buy up a bunch of US businesses and accidentally save the economy just by being less shitty and more competent than their previous American owners.
There’s no saving the economy because the economy doesn’t want to be saved. It wants a high return on investment right now or you get eaten by those who can swing it. It wants endless growth in a finite world.
They could be the nicest fucking bosses imaginable (though I doubt it) and it’s still not gonna change the outcome, because the underlying logic isn’t changed.