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EchoAce | 6 years ago

While that's vacuously true on account of the fact that being rich is fundamentally good no matter where you are, I'd argue that China is even better to live in if you're rich.

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rapsey|6 years ago

Rich in the US means best healthcare in the world, best education and eniterely risk free from political persecution.

NicoJuicy|6 years ago

I don't know, but health care is at least as good in Europe, if not better.

I'm pretty sure some huge companies have important advantages by portraying that the expensive one of the US is better. But I highly doubt it.

And for the really rare cases for rich person's, people fly where the best specialist is.

paxys|6 years ago

Not if you value political freedom

taurath|6 years ago

Any examples of rich people doing things in the US that’d be persecuted in China? Donating to the Libertarian party perhaps? Most of the time I’d imagine the rich are aligned with the status quo.

zerr|6 years ago

No. You never know when the commie nomenclature decides you're the enemy of the state, strips you out of your wealth and sends the execution bus at your front door.

sonnyblarney|6 years ago

" I'd argue that China is even better to live in if you're rich."

? If you're rich in the US, you stay rich as long as you keep your money.

In China, your RMB is worth what the Party says it's worth, and you can be arbitrarily destroyed for political reasons.

Excepting issues like 'cheap labour' - on most other secular issues, America is a better place to be rich, once you're rich. (ie notwithstanding non culturally secular issues like the fact most people generally prefer their home country for obvious reasons)

rapsey|6 years ago

Currency manipulation is what every central bank does. It's their job. The Chinese are not particularly special in this regard.