Why are Chinese Millionaires Fleeing to Singapore?

In this eye-opening video, @EconomicTonic delves into the fascinating phenomenon of China’s Millionaire Exodus to Singapore, uncovering the reasons behind this significant shift in wealth and economic dynamics. Back in mid-2021, President Xi Jinping’s campaign to tackle income inequality sparked a series of strict regulations on private companies, leading affluent individuals to seek alternatives. As China’s efforts to boost…

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Is Wealth Inequality Actually a Problem?

This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #inequality #economics #onepercent The wealthiest among us today live a life unparalleled by any other human throughout history. The greatest Kings and emperors could only dream of the life afforded to today’s billionaires. It doesn’t end…

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The Unstoppable Economy Of Hong Kong: The Land Of Billionaires

Hong Kong has done very well for itself as a global-middle-man. And the meteoric rise of its neighboring economy, China, has only strengthened the city’s already-prosperous position. But, of course, if you follow the news, you probably already know that Hong Kong has seen better days. Global trade tensions, prolonged protests, and good-old-fashioned competition have dramatically impacted its economy…

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