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by lobut 3185 days ago
Great, now I'm scared. What can I do? Shall I learn mandarin and go to China too?
3 comments

Given that the current practice for anyone with money in China is to get that money out of China and converted to foreign currency as quickly as possible... I'd counsel against it.
Learn Mandarin and go to / stay on the west coast, where the majority of that extracted Chinese money is going
Better get a real estate license while you're at it, since that's where the extracted money ends up.
Hes not saying TAKE his money to china, hes GOING to china and hoping to MAKE money
Well by political fiat we know the yuan can't go down! We can trust it because we can see how investors act :)

Owait it seems like everyone who has the option wants to convert it into rents in "western liberal democracies". Sure, I guess...

Yes.