
The World As We know It Is Ending, But What Comes Next? | Peter Zeihan
The Mark Moss Show
00:00
Is It Capital Flight?
When you spend $12 billion for a $2 billion asset, that isn't investment. That is some Chinese bureaucrat who's figured out a way to cheat his own system and get money out for another day when it's finally his time to leave. We saw a lot of this in the late Soviet period as well. Anything that touches one belt, one road, anything that looks like an asset that the Chinese are purchasing, but they don't know how to operate, that is all capital flight.
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