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Jake Johnson
Asianometry
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Comments by "Jake Johnson" (@ElectronFieldPulse) on "The Ferocious Rise and Quiet Struggle of China’s Country Garden" video.
I’ve always thought about it like this: You want an economic system that gets the most out of your population. One which gets people creating value is best. Investment is the easiest way to generalize the creation of value, and the US has benefited enormously by aligning incentives for its population to grow business. As the saying goes, the business of America is business
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- That was a consequence of the US being the dominant economy, it didn’t cause the US to become a dominant economy.
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@Avantime - The US is the reserve currency because it was the most dominant economy. It didn’t cause the US to become a dominant economy.
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Does anyone know what this guys background is? Where he grew up? What his job is? He seems very informed on Asia obviously, and I’ve wondered if he has a job which requires him to work with or from Asia.
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@Avantime - A large part of why the US became the biggest economy was because of novel financial instruments. The US is always trying to find ways to put money to work, which is why the 401k was adopted. It is all related to the US trying to maximize the production of the economy. Not sure why you felt the need to gatekeep.
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