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China to inject $174B of liquidity on Monday as markets reopen

reuters.com

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Re: China to inject $174B of liquidity on Monday as markets reopen

#391
post #2

Here's a map with the latest coronavirus data: https://gisanddata.maps.arcgis.com/apps/opsdashboard/index.h...

According to your link the survivability rate is almost 98% (305 deaths for 14628 cases). (I'm trying to inject a bit of optimism here, people are so gloomy).

total recovered: 472. total deaths: 362.

So there's roughly the same chance as recovery as dying.

Re: China to inject $174B of liquidity on Monday as markets reopen

#392
post #130

Gorbachev used to say that Chernobyl was where the USSR really started to crumble. The disaster made clear how morally bankrupt and technically incompetent the system really was, wiping out any remaining goodwill or trust. Similarly, Katrina was where the semi-fascist US consensus under GW Bush went to pieces. I suspect China will experience a similar moment at some point. This might well be it.

China is currently fighting 7 wars 1.) internal political war between xi jing ping of the old guards and the moderates. Check sinoinsider if you wish to know more. 2.) internal provincial wars with Tibet, Xinjiang, and Hong Kong. 3.) conflicts with immediate neighbors over the south sea and other illegitimate claims, including Vietnam, Taiwan, Indonesia, and Philippines. 4.) trade wars with South Korea, japan, US, an…

Can you give a quick tl;dr about 1?

Re: China to inject $174B of liquidity on Monday as markets reopen

#393
post #348

Earlier quoted context omitted.

[flagged]

All of this is widely talked about in the United States where we debate the legitimacy of drone warfare, the history and legacy of racism, and the missteps of American foreign policy. We read Howard Zinn in my (public) High School history class. You appear to want to debate "whether America is evil" or something but I'm talking about a distinction between manufacture-of-consent propaganda and state control of speech…

> You appear to want to debate "whether America is evil" or something

No. I have no interest in saying that at all. I have not said that anywhere in this comment thread.

All I started out saying, and am continuing to say is that the major difference with propaganda in the USA is that the vast majority of Americans have no idea they are subjected to it, and would get angry if it was pointed out to them.

That's all.

> state control of speech and dissidence, which does not exist in the United States

I agree, you are absolutely correct.

Re: China to inject $174B of liquidity on Monday as markets reopen

#394

Earlier quoted context omitted.

> How stable is the power that Xi has consolidated? Very stable. Basically nothing besides something coming from withing the party itself can shake him, and he took down all of those threats to him from within the party. Not even Mao ever managed to cleanse all of his detractors from the party up until his death. Saying this, you should not be confusing that "people are throwing looks into his back," and quiet whispe…

A video game cutscene says it all about chinese politics? Why not just state you're a mental retard and save people a click.

You created an account just to say this?

Re: China to inject $174B of liquidity on Monday as markets reopen

#395

Earlier quoted context omitted.

> All the shopkeepers aren't from Beijing originally Why is that? Are the native Beijingers to rich and fancy to run a shop?

In general Beijingers have a higher income while running a shop pays low income, so migrant workers are the ones that mainly fill demand for such labor (including shop keepers, waitresses, cooks, etc...). Consider that Beijing has 21 million residents but less than 14 million hukou holders, there is a lot of migrant labor to go around.

Hukou, new word for me, https://en.m.wikipedia.org/wiki/Hukou - short answer is like a household registration, social, caste like thing.

Re: China to inject $174B of liquidity on Monday as markets reopen

#396
post #335
post #179

Earlier quoted context omitted.

By "our government" do you just mean the Federal government? Or do you mean all levels of government? The mayor of New Orleans had parking lots full of empty school buses and claimed he had no way to evacuate citizens. The governor of Louisiana whined and wrung her hands instead of doing anything. The Federal response was far from perfect but it was much more effective than the state or local response.

Intesting. Hubei provincial and Wuhan city governments are being bashed hard for covering up and ineffectiveness in handling the crisis and China’s central government is being praised.

Being praised by whom? By media and censors controlled by China's central government?

The small guys go down first (local, followed by provincial).

In communist China you don't replace the central government. The central government replaces you.

Re: China to inject $174B of liquidity on Monday as markets reopen

#397

Earlier quoted context omitted.

How stable is the power that Xi has consolidated? How would the party and the public respond if there were leaks about his private life and behavior? I wonder what his skeletons in the closet are... I've also wondered how receptive the Chinese people would be to a series of documentaries or dramas that point out the inequality and unfairness in their system. A film that highlights how the government treats humans and…

> How stable is the power that Xi has consolidated? Very stable. Basically nothing besides something coming from withing the party itself can shake him, and he took down all of those threats to him from within the party. Not even Mao ever managed to cleanse all of his detractors from the party up until his death. Saying this, you should not be confusing that "people are throwing looks into his back," and quiet whispe…

> If you can write Chinese, google those skeletons, they are up to everybody to see. Even taxi drivers here know of Xi's billionaire sister, but... taxi drivers and other general public can't do anything about that.

Why would I need to read Chinese to find out about this? The Chinese state isn't able to censor content in Chinese, but has got the Western internet under its thumb?

Re: China to inject $174B of liquidity on Monday as markets reopen

#398
post #243

Earlier quoted context omitted.

"Katrina was when I realized how silly it is to think our government would ever deal effectively with a major disaster" It's funny because the very idea that 'the government will save us from a big disaster' is a fairly new concept. Some governments are 'kind of' prepared for some kinds of problems - i.e. the Swiss are prepared for some kinds of invasions, surely the Dutch have preparations for floods. But for unfore…

In fact the levees were designed to survive a Katrina-sized storm, but of course never had to prove they could, until they failed. What's also funny is for a bunch of engineers and software developers to expect the govt to enact a system that is impossible to really test, and just have it work smoothly when needed. Rich cities in california were also a dysfunctional mess dealing with fires. It was only when the same…

In fact the levees were designed to survive a Katrina-sized storm, but of course never had to prove they could, until they failed.

They were not, and the fact was well-known in advance. Their limit was a category 3 hurricane and there had been years of passing the buck about upgrading the levees to give the city a shot.

Then Katrina happened and everyone who had passed the buck claimed that it wasn't their fault.

Re: China to inject $174B of liquidity on Monday as markets reopen

#399
post #130

Gorbachev used to say that Chernobyl was where the USSR really started to crumble. The disaster made clear how morally bankrupt and technically incompetent the system really was, wiping out any remaining goodwill or trust. Similarly, Katrina was where the semi-fascist US consensus under GW Bush went to pieces. I suspect China will experience a similar moment at some point. This might well be it.

How do we know that CCP and Xi will NOT survive this? Maybe the system they adopt there, just maybe, is the best system handle situation like this? With all the digital surveillance, AI, and all those new technologies, an authoritarian regime may now have the tools to outperformed the western counterpart? History doesn’t simply repeat itself, it rhymes.

That would be pretty frightening. There is a hypothesis out there that climate change might ignite an authoritarian regime geared toward counting climate change. Seeing that a mass surveillance program the size of whatever China has cooked up works to contain a biological outbreak and counter a catastrophe might help ignite such a thing.

Re: China to inject $174B of liquidity on Monday as markets reopen

#400
post #314

Earlier quoted context omitted.

According to your link the survivability rate is almost 98% (305 deaths for 14628 cases). (I'm trying to inject a bit of optimism here, people are so gloomy).

People don't die or survive at the time of infection confirmation, you need to put the time dimension into your calculations. From 14628 conformed cases, we only know that 305 died and 443 survived. For the 13880 people, the outcome is undefined. https://getyarn.io/yarn-clip/efe83207-5eaa-4538-ad85-86676f0... But you are right, no need to be gloomy. We have a lot of tools to deal with this, it would be alright eventu…

I think we can say with certainty that ultimately all 14628 of them will die.
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