What do you all think about buying shares in Alibaba or Tencent? Not sure about Tencent but Alibaba stock is definitely available through international trading via Hong Kong stock exchange.
If you have your savings* in a bank, it’s being leveraged by bankers as finance capital. And not for your benefit (unless it’s a state bank under socialism).
If you have it in Tencent or Alibaba, it’s still finance capital, but in a business based in a socialist country heavily regulated by a socialist government.
So if you’re in a capitalist country and aren’t able to keep your money in a socialist state bank, maybe having it invested in a socialist country is the next best place to keep your savings (after burying it in the woods).
*: Of course the idea of having savings in 2023 is mostly hypothetical, but if you do have savings and this news gains traction, those share prices might dip if people afraid of the eebil seeseepee panic sell.
What do you all think about buying shares in Alibaba or Tencent? Not sure about Tencent but Alibaba stock is definitely available through international trading via Hong Kong stock exchange.
If you have your savings* in a bank, it’s being leveraged by bankers as finance capital. And not for your benefit (unless it’s a state bank under socialism).
If you have it in Tencent or Alibaba, it’s still finance capital, but in a business based in a socialist country heavily regulated by a socialist government.
So if you’re in a capitalist country and aren’t able to keep your money in a socialist state bank, maybe having it invested in a socialist country is the next best place to keep your savings (after burying it in the woods).
*: Of course the idea of having savings in 2023 is mostly hypothetical, but if you do have savings and this news gains traction, those share prices might dip if people afraid of the eebil seeseepee panic sell.