Matthew Cox

It's in a bubble.

You don't read The Economist every week?

Well, here's the thing that you have to understand that—

This is also an opportunity for the Chinese government to work with their American counterparts.

Because when we're talking about the Chinese, the communists aren't involved.

And this is actually, you know, just a couple of weeks ago when he had the press conference, the U.S.

attorney in Los Angeles was praising the assistance of the Chinese government.

They don't want the money leaving.

Before, whenever our government indicts Chinese state-sponsored hackers, they never hand those guys over.

They're running around snatching people up in China.

You give them a name, they go grab these guys.

That guy here in the car, they snatched him up, sent him back.

And so this is an opportunity for the two sides to actually come together.

But in reality...

There's no stopping it.

Right.

The network amongst Chinese nationals, the underground banking system, is too well established.

And the only way to essentially undermine this would be for the Chinese government to change the reporting requirements within China or loosen up their restrictions on capital flight.

But until either one of those two are taking place, there's going to be very little opportunity for the American government to stop this, particularly where you get a city like in Los Angeles where we have four triads operating.

One of them is ethnic Chinese based out of Taiwan, but the other three are straight in China.