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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (86172)	1/21/2012 10:12:36 PM
From: tejek	Read Replies (2) \| Respond to of 220304

Why are wealthy Chinese so eager to get their money out of the country? It’s not hard to see — after all, thanks to the Internet, those wealthy Chinese know what’s going on in the rest of the world. For example, they know that Russian billionaires who run afoul of the government can lose everything overnight and end up in a cold prison cell. Those wealthy Chinese also know that there are other countries — such as Canada and the U.S. – where members of their extended families can enjoy much greater political freedom and protection from the threat of a government takeover of their holdings. For now seems they go to very expensive cities on the west coast and the northeast? I wonder where else they might park some serious money and a pipeline of businesses and human capital? Atlanta? Chicago? Could Detroit be one of them? I don't how savvy they are. Right now they mostly go to Vancouver. I don't think SFO or LA is getting much of the spillover.........not here either. I would be surprised if they hit up on inland cities. They need family to be there in order to invest.