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Despite its rapid growth and promising investment opportunities, the country has persistently been sending a significant portion of its savings overseas.Īnd China is not alone.
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With its current-account surplus averaging 5.5% of GDP in 2000-2008, China has become one of the world’s largest lenders. So, why are they sending capital to richer countries, instead?Ĭhina is a case in point. One would expect fast-growing, capital-scarce (and young) developing countries to be importing capital from the rest of world to finance consumption and investment. Emerging-market countries run current-account surpluses, while advanced economies have deficits. What do you think of this game? Please rate it below on a scale of 1 to 10, where 1 is the lowest and 10 is the highest score.LONDON – At first, it seems difficult to grasp: global capital is flowing from poor to rich countries.
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Satellite Reign (spiritual successor to Syndicate Wars).Which side will you take? Do you think you have a chance of winning? The Syndicate Wars have begun. So here you stand, on the brink of a New Epoch. Known as The Unguided, they have their own ideas about the future of the planet and they, too, are willing to fight to the death for them. In fact, he's leading a group of free-thinkers to their own destiny. But he's no fan of the Syndicate, so he won't throw in his lot with them. The Syndicate simply want to restore order but the Nine, being clinically insane, have a master plan.Īnd what of Vissick, the tenth member of C3? He knows what the Church is planning and he's aware of the approaching Cataclysm. The Church are arming their disciples with ever more advanced weaponry and the Syndicate are fighting back with highly-trained troops and upgraded vehicles and weapons of their own. Thus begins the war for the minds of Global Asylum Earth. Their Indoctrinators, the Church version of the Persuadertron, were virtually overheating with the numbers of new converts they were attracting. The Nine were there, ready to snap them up into the Church of the New Epoch. Chips failed in their droves, and suddenly the masses saw the world for what it was. The first thing the Church did was to introduce a computer virus into the UTOPIA global control network which the Syndicate uses to 'guide' the population. Their thinking was so advanced that they compiled it into a large document called the Codex, along with theoretical designs for an entirely new system of weapons, far in advance of anything that the Syndicate possessed. The Nine, as they were now called, became determined to overthrow the Syndicate by recruiting people to their new religion. Only one member of C3 resisted the madness of total understanding, and broke out of the group to head off on his own. Nevertheless, they saw the repression of the Syndicate and decided to counter it by setting up the Church of the New Epoch, dedicated to breaking the shackles of their erstwhile employers, the EuroCorp Syndicate. By trying out their newly-acquired mental enchancement technology, nine of the ten C3 members drove themselves insane. As well as upgrading the computer control Chips embedded in peoples' brains, they set up a research team to find out how the Syndicate can utilise more of the brains they control.īased in Reykjavik, Iceland, for the purposes of secrecy, C3 (the Cybernetic Cognition Conference) was a group of ten top scientists carrying out experiments into mind-expansion. An oppressive peace has reigned, but the controlling Syndicate, EuroCorp, hasn't been idle. It is 95 years after the first Syndicates fought for control.