The article doesn’t mention it, but it’s also difficult to bring their money with them due to strict transfer limits.
China’s billionaires have been using cartels to evade Chinese laws that restrict the movement of money. Seems like China is doing its part, now the US, if it actually cares about drug addiction and trafficking.
Rich Chinese paused their efforts to move themselves and their fortunes offshore during the COVID-19 pandemic, but quickly resumed their emigration after draconian restrictions on travel were lifted.
They’re draconian when they try to stop the spread of a deadly disease.
Let’s not forget that the US banned travel from China as well.
Turns out, dragons are kind of cool.
I’m sure China will suffer as they take their capital with them. Wait, I’m getting a bulletin, turns out it’s really difficult to physically move the machines used to produce value.
workers will have no choice but wander empty factories aimlessly until next season’s CEO trees bear fruit.
Me going to work and forgetting how to turn on the lights after the billionaire owner flees
But they took the imaginary number in a bank database with them, and that’s what really matters.
is a millionaire rich enough to own industrial machines?
Millionaires have a dollar value in assets of x, {x ∈ R ∣ 1,000,000 ≤ x ≤ 999,999,999}
it’s also difficult to bring their money with them due to strict transfer limits.
:xi-laugh:
I wonder if in a few years there will be a regret story, like “millionaires move back to China because the US made them feel just middle-class” or “everyone thinks I’m a spy/covid-carrier”.
That would be hands down the most hilarious outcome.
That’s only half of it, the most hilarious outcome would be if China then said “Fuck off gusanos, btw we expropriated your assets”
💯
“Tonight’s story, a mass exodus of Chinese nationals from the former United States. Some, fleeing the irradiated zones, others saying they were more prosperous under the thumb of the tyrannical CCP. But first, a message from our King, Barron Trump.”
there was for the HKers who took UK visas. shit-tons of racism
Honestly I could really see them getting the japanese internment camp treatment if the situation with china gets even a little warmer
Oh no! What will China do when these superhumans that do the work of 1000 people leave? If 100 millionaires leave that’s like 100,000 workers leaving the workforce!
For comparison, Chinese universities graduate some 5-6 mil STEM graduates yearly. This doesn’t include the already established PHDs and engineers leaving the West due to rising animosity and hate crimes against Asians.
Hope Xi seizes all their assets.
So the US gets all the greedy, self-centred Capitalists from China, while China gets all the rational, forward-thinking Scientists and Academics from the US? Cool.
win-win
The US and others. China’s investment in science is eclipsing even Europe.
dealing a further blow to its economy
The large number of rich Chinese heading elsewhere could add to the strain on the nation’s fragile economy
MSM stop bootlicking rich people challenge: impossible
It’s incredible to see how American media has done so much to mystify capitalism that they’ve forgotten that workers actually do the work. They seem to have even forgotten that work even needs to be done.
Thats because they, too, dont really work
If we define work/labor as human effort that results in the creation of value by transforming raw materials into a commodity (or an intermediaries that later become commodities) or providing services that allow for the continuation of human society, you kinda see why the disconnect exists.
Because many Americans do not produce commodities or intermediaries. They only consume.
Many Americans aren’t in service sectors that provide necessary functions for society to continue. They’re in finance, or medical billing, or collections, or FUCKING ADVERTISING, etc.
And no, I’m not saying “lol, making music isn’t a real job hippie!” I would absolutely lump creatives under necessary (once all the primary needs are met like sewage systems operating and being maintained etc.).
All the bullshit jobs, which oddly and coincidentally seem to possess the majority of people shitting on the necessary jobs (hmm), like working on Wall Street with fake money to spin up more fake money to eventually leverage against people and steal their possessions to add to the giant pile of capital… those are the ones who also are self-deluded into thinking THEY are the movers and creators of society, that without the finance bros everything would collapse! Oh no, imagine if a company voted on things instead of having a generational nepo baby own it and be the CEO- IMAGINE WHAT THE PLEBS WOULD DO!
It’s kind of classic noble/peasant dynamics where the noble class’ descendants lose all perspective and start to actually believe some god must have ordained their grandfather and not that their grandfather was just the luckiest or most brutal asshole at the time. Once they believe that they are the creators, that they are somehow special and more intelligent, it’s basically a wrap for them because they will inevitably undermine core components of the system they exploit but don’t understand.
I’ve been saying for a few years now that we’re in the Habsburg chin portion of capitalist decay. The system is run by the inbred failsons of failsons of failsons. They don’t understand and don’t care to understand the systems that have empowered them their entire lives. They only know the results they expect to get and are very angry when this doesn’t happen. Unfortunately that’s a very dangerous situation for everyone involved.
If we define work/labor as human effort that results in the creation of value by transforming raw materials into a commodity (or an intermediaries that later become commodities) or providing services that allow for the continuation of human society, you kinda see why the disconnect exists.
We do.
When I post multiple paragraphs, I’m usually writing towards an ignorant liberal who might someday somehow stumble in here perhaps looking for “shittankiessay” material
So I write purposely basic definitions like that which force the readers to adopt my framework.
If I don’t define labor, and they have no idea that I’m working from a Marxist mindset, then the point can’t really be made. If work is just “what I do to make money,” well, everyone does that! Even CEOs in a way. Capitalists invest capital and think that’s working. So, I gotta define what I’m talking about in hopes of grabbing just one person.
It also forces me to recall information so I don’t become Joe Biden with jello sloshing in my skull
No worries. I just replied so you knew I read it.
Ah yes, the famously fragile Chinese economy
🤣
who’s going to buy all the houses above market value so I’m forced to rent above market value???i mean yeah, the MSM is a rich people bootlicking machine, it’s never going to do literally anything else
Death to America
Lol come to the US and do what though? We already have a parasite class here
Be landlords, presumably. They sure as fuck aren’t opening factories and in the US
Imagining an outcome where the Chinese millionaires buy up a bunch of US businesses and accidentally save the economy just by being less shitty and more competent than their previous American owners.
There’s no saving the economy because the economy doesn’t want to be saved. It wants a high return on investment right now or you get eaten by those who can swing it. It wants endless growth in a finite world.
They could be the nicest fucking bosses imaginable (though I doubt it) and it’s still not gonna change the outcome, because the underlying logic isn’t changed.
Don’t let The People’s Door hit you on the way out
muh capital flight will surely occur this time
brb packing 400 tons of assemblyline into my carry-on luggage
Watch it then just get shipped back to China for a tax break.
:chavez-exprópiese:Will the Chinese 蚯蚓 (Gusanos) be exempt from the internment camps America will inevitably set up?
Of course not, especially if you know the main reason why the japanese internment happened in the first place.
Of course not, neither were the goodTM Japanese last time.
Crap, it’s the same old story. My love of harassing gusanos is arguing with my fear of committing a hate crime.
