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RE: China To Ban Cryptocurrency Exchanges Once Again - Don't Make Me Laugh!
Makes sense. I wonder what would happen if they let their currency float.
Makes sense. I wonder what would happen if they let their currency float.
exactly!
Would be very interesting with dramatic implications.
it certainly would!
I guess the first thing that would happen is that it would to a large extent destroy their domestic industries because they will no longer be competitive on world markets. Maybe that is why they are now focusing on high quality products instead of just being the cheapest. In anticipation of an economically independent USA in terms of consumer goods, but even as far as oil is concerned. Very much like Germany. Germany used to make low quality products, and then I guess once they built up their customer base and internal manufacturing infrastructure, they started focusing on quality and eventually became synonymous with quality.
those are some very good points - didn't know that about Germany, but it makes sense to me now
There is this book The German Genius. I saw an interview with the author
thanks so much. Interesting!
What did you like most about it?