To clarify something, I’m not some boug. I worked at a job for years where they put money into a 401k as part of the benefits, and I was there long enough that it vested. So I have a few grand that’s locked up in an IRA that I can’t get into until I retire.
Here’s my simple strategy: I’m putting everything into Chinese index funds / stonk ETFs.
My rationale: it’s all about the emotional risk management.
What I mean by that statement is, in the past when one of my sports teams I root for has made it into the final round of the playoffs, I would place a small bet against them. Because if they win, I won’t care that I lost some money. But if they lose, I’ll at least have a bit more $$$ in my pocket, it’s a small consolation but it helps.
So how does this relate to China and investing? The way I see it, there’s likely one of two scenarios for where the Chinese economy will be a few decades from now when I can take that money out. Either A.) the CPC more or less just continues on with what it’s been doing since Deng. Continue to develop the productive forces, continue to rack up W after W while the west implodes on itself, and the Chinese corporations I’m invested in will do great - stonks go up and I have a nice little savings built up.
Or B.) CPC pushes the communism button in 2050 or so, they nationalize all the corporations, and I lose the whole investment. But you know what, WHO CARES?! THEY PUSHED THE BUTTON! That would literally be the best thing that I could ever see happen in my lifetime, and the last thing I would care about would be my IRA.
Seems like no matter what, I end up a winner 😎
What if the US goes to war with China before they push the communism button and all your assets are seized? Is that the "I lose but I don't care anymore scenario?"
You might want to ensure you can pull your winnings out so you can leave before the big one hits.
Thinking about it now, dont a lot of big bougies have buisness interests in china? Would the white house risk doing anything more substantial than the current performative bullshit if it meant pissing them off?
Some do have business interests in China but most don't and some have interests in further escalation with China. What matter is how the intra-bougie power struggle shakes out.
The biggest benefactor I see in escalation is probably the military industrial complex. I suppose if buisness dries up in ukraine and israel they might push harder for war with china and tip the scales of the bougie brawl, but I dont think that will happen anytime soon.
The mic will push for war with China not just because they want big money for big boats. They do accurately see the future where the US is pushed out of the South China sea and they can only imagine a war stopping it.