h a l f b a k e r y"Bun is such a sad word, is it not?" -- Watt, "Waiting for Godot"
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I read that Chinese people are strong savers, and it is my
impression they would like to make money.
Index funds are a type of fund that is said to outperform 3
out of 4 analysts. Many people in the US have started
switching to index funds.
I think a bank in China that simply had a app menu
item that
said "deposit in index fund" would gather lots of clients.
Improving on that, there could also be a "give to charity"
menu item at ATMs and phones causing convenience of giving,
quite possibly benefitting millions of Chinese.
[link]
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I'm not sure China is the right place to launch this. Biggest fucking wall in the world, not a single ATM on it. |
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I think you'll find with the way inflation and
economics in China work most people like physical
assets preferably in a different country so the
government can't take it. |
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I think you'll find with the way inflation and
economics in China work most people like physical
assets preferably in a different country so the
government can't take it. |
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