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Nemėgstu Zeihan`o, bet čia gerai, ty juani/renminbi, kaip čia pasakius turi "strings atached",
Geopolitician Peter Zeihan compares and contrasts the idea of money between the United States and China. In the United States, money is regarded as an economic good. In China, money is regarded as a political good. In the United States, money has value in and of itself. In China, money is a political good, and only has value if it can be used to achieve a political goal. The concepts of rate of return or profit margins do not exist in China, and therein lies the danger; eventually the law of supply and demand will win out, and the Chinese economy will have to face a correction. The longer it takes to face this economic correction, the greater damage that the inevitable correction will cause to the Chinese economy.
While the United States has an open economy, and money can be moved into and out of the United States at will, The Chinese government imposes capital control over moving money out of China.
By restricting the flow of capital in and out of China, investors risk losing all of their wealth should a political crisis develop that leads to an economic crisis or spiral into armed conflict.
While the United States has an open economy, and money can be moved into and out of the United States at will, The Chinese government imposes capital control over moving money out of China.
By restricting the flow of capital in and out of China, investors risk losing all of their wealth should a political crisis develop that leads to an economic crisis or spiral into armed conflict.
Ty Kinija gali padaryti juani rimtu konkurentu doleriui, bet nenori.
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