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

reuters.com

381–390 of 560 posts

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

#381
post #331

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…

Based on the videos I've seen coming out of Wuhan these documentaries may be Chinese made. Beneath the surface is bubbling a mass discontent with the CCP.

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

#382
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.

You could describe communism as “semi-fascist”. Or any political ideology for that matter. All your doing is spreading FUD. Please expand your vocabulary or be more descriptive in your criticisms.

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

#383

Earlier 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…

In regimes like that the pivot point is who the military stands behind. Once the regime loses the loyalty of the military generals it’s over.

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

#384

Earlier 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.

Interesting, I'd not played with ArcGIS that much. The most legible option I found was the "light grey canvas" map. Personally I find all the extra detail on these map layers unwanted and distracting for a chloropleth.

This is what I've come up with from scraping the JHU aggregation:

https://i.imgur.com/jptdqzs.png

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

#385
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.

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…

Chinese dynasties have always ended in rebellion. 5000+ years running.

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

#386
post #348

Earlier 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]

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 and dissidence, which does not exist in the United States.

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

#387
post #214

Earlier 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.

> Yes, there are certainly similarities between the USSR and China.

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

#388
post #8

A 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.

It's not bad at all. CNN showed its incompetence again with headlines like "Hong Kong turned into a ghost town".

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

#389
This whole disease and infection comes down to a fundamental breakdown of sanitary practices of a society. Things like 1) cutting up and selling wild animal meat with your bare hands, 2) not washing your hands, 3) eating uncooked meat from wild animals like frogs, cats, rats, mice, "bat soup", 4) having open air "squat toilets" like latrines where when someone shoots their diarrhea, it turns into a mist and everyone in the room gets infected... If these conditions were improved, these viral outbreaks either wouldn't happen or wouldn't happen as often as it does in China. All I know is if you try to get away with that kind of stuff in the U.S., you will have the health department, dept of agriculture, the cops would all show up and shut you down and/or get arrested for it.

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

#390
post #360

Earlier 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…

I don't really have anything to add, but thanks for the reply. It's an interesting topic.
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