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Joined 1 year ago
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Cake day: March 23rd, 2024

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  • However, China has since grown significantly, and Taiwan no longer claims to be the government of mainland China, so that reason goes away.

    The thing that we call “Taiwan” is an island, not a country, the country is “Republic of China” (ROC). We call it mostly Taiwan, because there is the People’s Republic of China (PRC) which is the mainland China. So you still have 2 countries, next to each other, both claiming to have the name “China”.

    You claim the name, you claim the country.




  • That’s corruption, and it’s totally something else, but nevertheless there might be others who had no idea, but had the stock at the right moment, and sold as it was high. So, even in cases where the powerful play, the small ones, if lucky, could massively win.

    On the other hand, you had the worlds wealthiest man, being second hand to the most powerful man on the planet, and he lost billions. So… I wouldn’t call those that much significant. I bet there are tons of smaller examples where CEO’s manipulate the stock of their own company that fly under the radar. But overall, in general, especially if you invest into ETFs (groups of stocks) you will barely notice anything and life goes on as usual. And the usual is 6-8% win per year on average.