In the 1700s, when the British started selling Opium to China, it proved to be extremely lucrative. British ships were able to procure opium at extremely cheap prices, and sell them to China at vastly inflated markups. The primary market for this opium was Chinese laborers, who used it to get high and forget the … Continue reading Prosperity comes from Investments, not Consumption
Tag: growth
China is Going to Rule the World – This is America’s Last Chance to Stop It
Given the frantic pace of the 24 hour news cycle, stepping back from it all and looking at history provides some immensely valuable perspective. The modern news cycle may care only about what happened in the past few years, but in reality, World History is measured in centuries. First there was the Roman empire. Then … Continue reading China is Going to Rule the World – This is America’s Last Chance to Stop It