I have a feeling you’re tossing a coin tbh. China’s stock markets function under the authority of the state, not the other way around as in the US. In times of economic turmoil, I have a feeling that the CPC would prioritize the wellbeing of their people over the stock lines going up.
I’m not sure what that would look like, but it’s definitely an interesting idea!
I have a feeling that the CPC would prioritize the wellbeing of their people over the stock lines going up.
I agree, but those are linked together when you have a system that suppresses Wall Street-style financial fuckery: the trade value of the business sits closer to the actual value of the business, and the value of the business is tied to its usefulness to people.
Also, in times of economic turmoil, China rides it out better than anywhere else. But then again part of that is because of social safety nets that wouldn’t be there for foreign investors.
I have a feeling you’re tossing a coin tbh. China’s stock markets function under the authority of the state, not the other way around as in the US. In times of economic turmoil, I have a feeling that the CPC would prioritize the wellbeing of their people over the stock lines going up.
I’m not sure what that would look like, but it’s definitely an interesting idea!
I agree, but those are linked together when you have a system that suppresses Wall Street-style financial fuckery: the trade value of the business sits closer to the actual value of the business, and the value of the business is tied to its usefulness to people.
Also, in times of economic turmoil, China rides it out better than anywhere else. But then again part of that is because of social safety nets that wouldn’t be there for foreign investors.