While economic leverage strays from the non-mercantilism of rigid realism, we can see the evolution of state self-interest associated with monetary policy as China moves to sustain its economy, one which looks to capitalize from easily percieved incentive of riding projected RMB growth through American-yuan accounts.
China having banks in America is not such a bad thing, however considering how many Americans are scraping for money I don't see many people investing their money into it. Could the bank actually work? Possibly but, U.S banks already are getting over on people and the Chinese bank is not as protected by the FDIC as U.S banks. Furthermore, Americans money increasing is based on China's currency increasing which is a big risk.
China having banks in America is not such a bad thing, however considering how many Americans are scraping for money I don't see many people investing their money into it. Could the bank actually work? Possibly but, U.S banks already are getting over on people and the Chinese bank is not as protected by the FDIC as U.S banks. Furthermore, Americans money increasing is based on China's currency increasing which is a big risk.
While economic leverage strays from the non-mercantilism of rigid realism, we can see the evolution of state self-interest associated with monetary policy as China moves to sustain its economy, one which looks to capitalize from easily percieved incentive of riding projected RMB growth through American-yuan accounts.
ReplyDeleteChina having banks in America is not such a bad thing, however considering how many Americans are scraping for money I don't see many people investing their money into it. Could the bank actually work? Possibly but, U.S banks already are getting over on people and the Chinese bank is not as protected by the FDIC as U.S banks. Furthermore, Americans money increasing is based on China's currency increasing which is a big risk.
ReplyDeleteJasmine Brown
ReplyDeleteTA: Ryan
China having banks in America is not such a bad thing, however considering how many Americans are scraping for money I don't see many people investing their money into it. Could the bank actually work? Possibly but, U.S banks already are getting over on people and the Chinese bank is not as protected by the FDIC as U.S banks. Furthermore, Americans money increasing is based on China's currency increasing which is a big risk.