The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: Maurice Winn who wrote (13694)	8/20/2025 12:07:07 AM
From: elmatador	of 13769

The backlash against immigrants is nothing new. Country brings in the arms and legs and later regrets. In 1882 the US banned Chinese from the United States as they compete with the locals. The Chinese immigrants were brought to the US to build the Transcontinental Railroad which was built between 1863 and 1869. As you know you can raise the capital but without the arms and legs, capital alone does not build anything. See Elon rants about low birth rate and depopulation. After construction of the Transcontinental Railroad ended, the Chinese competed with the locals and became very unpopular in the US. Under pressure, the government banned immigration. In 1882, Congress passed the Chinese Exclusion Act, which suspended the immigration of Chinese laborers (skilled or unskilled) for a period of 10 years. It was extended for another 10 years in 1892. Cut for today. The immigrants are under pressure and the Trump administration is cracking down on them. Next time there is a boom of investments that require people, for instance if all the infrastructure required to power these AI data centers you read about will be really built, people should be careful before going there because they will feel the pressure afterwards. The Chinese Exclusion Acts were not repealed until 1943, and then only in the interests of aiding the morale of a wartime ally during World War II. Chinese Immigration and the Chinese Exclusion Acts https://history.state.gov/milestones/1866-1898/chinese-immigration#:~:text=In%201882%2C%20Congress%20passed%20the,a%20period%20of%2010%20years. The Chinese Exclusion Acts were not repealed until 1943, and then only in the interests of aiding the morale of a wartime ally during World War II. With relations already complicated by the Opium Wars and the Treaties of Wangxia and Tianjian, the increasingly harsh restrictions on Chinese immigration, combined with the rising discrimination against Chinese living in the United States in the 1870s-early 1900s, placed additional strain on the diplomatic relationship between the United States and China.

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