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10 sats \ 3 replies \ @Bell_curve 10 Apr \ on: Is Foreign Investment Bad for Our Economy? Politics_And_Law
how can foreign investment or capital flowing into a country be bad for that country?
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10 sats \ 2 replies \ @Rothbardian_fanatic OP 10 Apr
That is a really good question! It worked well for Japan, Germany and China and, unexpectedly, for us during the 19th century.
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10 sats \ 1 reply \ @Bell_curve 10 Apr
capital outflow is bad, money leaving your country etc
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10 sats \ 0 replies \ @Rothbardian_fanatic OP 10 Apr
I think that it depends upon the situation. Sometimes capital outflow releases pressure on less efficient industries. Anything that satisfies consumer wants and needs most efficiently is the proper thing to do.
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