Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
gwern
on Feb 22, 2018
|
parent
|
context
|
favorite
| on:
A Chinese Casino company has set out to take over ...
Also the trade deficit issue. If China's ultra-rich are exporting billions of dollars of capital a year out of China, then it helps balance the trade deficit and means more capital in the rest of the world and probably mostly the USA.
jordanb
on Feb 22, 2018
|
next
[–]
It doesn't balance the trade deficit at all. It does improve the current account balance but that's not necessarily a good thing for US exports.
seanmcdirmid
on Feb 22, 2018
|
prev
[–]
It then goes into housing bubbles...which may or may not be in your interest depending if you own a home or not.
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search:
