Daniel Moore

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Blocked from the dollar superhighway, Russian money began to use the under-utilised, glistening Chinese alternative. And it was not just Russian money that chose this new route. Many wealthy non-Russians, too, felt reluctant to continue letting their money race down the dollar freeway. They began to question the wisdom of relying entirely on the kindness of Washington’s dollar-traffic rangers, who could pull them over any time. Little by little, they began diversifying, like trucking companies redirecting some of their trucks from an older highway through a new one. In this way, Chinese cloud ...more
Technofeudalism: What Killed Capitalism
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