Thursday, October 03, 2019
Stupid?
Like KSHS, my courseware work has resumed after a hiatus. It's the usual barnstorming down to the wire. Blog activity will be brief this month.
Brief convective thought:
Chinese colonial investment in Africa and Asia is SMART. They invest in constructive ways that develop local business and local skills, employing local citizens. They don't try to "spread" "democracy" by bombing the country down to bedrock, as we have been doing since Madman Lincoln. They leave local culture in place.
Chinese colonial investment in USA is STUPID. They buy up high-end houses in coastal cities, inflating bubbles that ruin life for local citizens. They pour money into obviously doomed IPOs, inflating bubbles that ruin entire sectors when they pop.
Stupid? No, smart. Chinese investment here RUINS local housing and business.
Build up your colonies and destroy your dominant competitor. SMART.
Labels: Answered better than asked
¶ 7:53 AM
