[mvn9]

Or something is coming to Goldman Sachs.

With zero-interest rates and quantitative easing, there is no need for countries to borrow money because they can start printing it. At the same time, China controls more and more business processes which leaves less to companies that operate within Goldman Sachs' merger and acquisition world.

Taken even further, market economies could come to an end because they cannot exist in a world where China can be a loss-leader in every strategically important market. If China is poaching TSMC's engineers [1], what does stop them from doing that to all relevant production processes? Either TSMC and all the other companies need artificial profits to pay more to their engineers or there need to be other barriers. Either way, the importance of markets could decline and so could Goldman Sachs.

[1] https://news.ycombinator.com/item?id=24129861

[redis_mlc]

> market economies could come to an end because they cannot exist in a world where China can be a loss-leader in every strategically important market.

This.

Already happened with rare earth processing and pharma.