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…
>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. 1. Not Very receptive, as it will be seen as someone ( Foreign Intervention )trying to attack them. Something which may be hard to comprehend for most people. 2. Vastly underestimated the power of CCP. I think these sort of thoughts are precisely why the We…
China to inject $174B of liquidity on Monday as markets reopen
381–390 of 560 posts
Re: China to inject $174B of liquidity on Monday as markets reopen
#382Gorbachev 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.
Re: China to inject $174B of liquidity on Monday as markets reopen
#383Earlier quoted context omitted.
This might be similar, but I see zero chance of Xi's power taking a hit. For as long as party's institutes are intact, he will be there. Some people began to speculate that Xi wasn't seen for the last 3 days, and sudden activity of "party elders," but I bet this is just an enormous amounts of wishful thinking showing up. Xi's "system" has an expiration date attached, but it's not tomorrow. Following on that Gorbachev…
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…
Re: China to inject $174B of liquidity on Monday as markets reopen
#384Earlier quoted context omitted.
Here's the WHO map, which I find a bit more legible. http://who.maps.arcgis.com/apps/opsdashboard/index.html#/c88...
The WHO map is very slow and does not list cases outside of China reliably in either the tables or the map, it also has functional errors in the source table which cause it to lack labels on some datapoints. The Johns Hopkins map can be made more similar by switching to the terrain map layer with the icon in the upper right hand corner of the map widget.
This is what I've come up with from scraping the JHU aggregation:
Re: China to inject $174B of liquidity on Monday as markets reopen
#385Gorbachev 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.
This might be similar, but I see zero chance of Xi's power taking a hit. For as long as party's institutes are intact, he will be there. Some people began to speculate that Xi wasn't seen for the last 3 days, and sudden activity of "party elders," but I bet this is just an enormous amounts of wishful thinking showing up. Xi's "system" has an expiration date attached, but it's not tomorrow. Following on that Gorbachev…
Re: China to inject $174B of liquidity on Monday as markets reopen
#386Earlier quoted context omitted.
The reason why Americans deny that they are fed propaganda is because the kind of propaganda that exists in America is subtle. It doesn't involve jailing or killing dissidents. Your post (and the parent post) omitted that distinction. My argument is that this distinction matters.
[flagged]
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 and dissidence, which does not exist in the United States.
Re: China to inject $174B of liquidity on Monday as markets reopen
#387Earlier quoted context omitted.
The comparison fits in that a tendency to hide bad news (i.e. swallow errors and suppress warnings) erodes trust in (edit: and effectiveness of) the system.
Well, if we are to nitpick.... apples and oranges are both round! Yes, there are certainly similarities between the USSR and China. But if we are to be objective and fact-oriented here, comparing China today to the USSR in the 80s and its response to this epidemic to the USSR's in Chernobyl, is a big stretch.
You are reading my comment in a shortsighted way. Note how the second part of the sentence mentions the US under GWBush - obviously I'm not arguing 2000s US and 2020s China are similar in political or economic structure. The point is how political consensus with fascist characteristics, that had looked unbreakable until then, can quickly be upended by crisis when the system is shown as uncapable to guarantee personal safety.
Re: China to inject $174B of liquidity on Monday as markets reopen
#388A friend of mine is leaving HK today - he lives there, so this is not a casual trip abroad. He said the level of fear is making it impossible to live there as a single person. The shops and restaurants are closed. Even his own employer shut its doors indefinitely - and they’re just a video production company. The virus won’t be what ruins China. It’s the panic itself.
So really, how bad is this? Per article less than 400 people have died in the country with over a billion people.
And then I went out and people are playing in the park, doing sports, going shopping, eating at restaurants - all the same except the horrifying crowds of tourists, which are gone.
We do work from home though, something that a Hong Kong employer wouldn't usually allow.
Re: China to inject $174B of liquidity on Monday as markets reopen
#389Re: China to inject $174B of liquidity on Monday as markets reopen
#390Earlier quoted context omitted.
The OP's criticism was directed at the CCP, not the nationals of the PRC. You can dislike a government without having a negative opinion of its people.
This is precisely one of the assumptions that I am, humbly, questioning. It's more complex than that. Are the French so unlike all their governments and regimes? Are Americans that much unlike their leaders and political system? Is any society, really, thus separable in parts, beyond the abstraction of analysis? And what happens to ideas formed abstractly, in a vacuum, as they land in reality? I mean, you can make th…