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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Cogito Ergo Sum who wrote (74442)8/6/2019 3:35:19 PM
From: Elroy Jetson  Read Replies (1) of 74559
 
It's certainly a sad story how China fell under the control of the current warmongering Stalinist thugs running the place.

The Pooh Xi gang will never agree to give up theft as a cornerstone of their economy for a mere trade deal. People who have thought otherwise were hopefully misinformed.

There was some hope China would develop of a more free and western society when former Deng Xiopeng became the leader of China and re-mooring the grim socialist foundation of China with new slogans like:

"Socialism with Chinese characteristics" and a more blunt "To get rich is glorious!"

By opening to the global market, Deng made China the fastest growing economy in he world, albeit from a very low base.

But hardliners took control of China's leadership following the Tiananmen Square massacre. Following the massacre, Deng's deputy Bo Yibo fought hard to keep Deng's economic liberalization but not his move to increased individual freedom personal.

During this post Tianamen period China fell into post-Soviet Russia style gangsterism with government officials taking a percentage of most deals.

The People's Liberation Army found they could use the talents of their smartest officers working as hackers online, first with credit card and bank transfer crime, and finally focusing on stealing intellectual property and selling it to Chinese companies.

Inoffensive toads like Jiang Zemin became nominal leaders during this period, leaving everyone in government unmolested in their own crime schemes. Others in China's leadership openly called Jiang "a flower pot", something decorative but largely useless.

Social hardliners increasing took control, institutionalizing IP theft and rolling back private ownership.

Bo's son Bo Xilai and his second wife, Gu Kailai, were typical of the new corruption during the gangster period while he was Mayor of Dalian, then Governor of Liaoning and finally Commerce Secretary of China. Gu Kailai was later sentenced to death for poisoning her British political-fixer / bribe collecter Neil Heywood.

Bo Xilai was sentenced to life in prison for corruption - corruption of the sort which could send virtually all of China's leaders to prison, including those who prosecuted him. Whether you were one of those prosecuted depended exclusively upon your allegiance to the new militaristic, warmongering, gangster-hardliners, who Jay Chen collectively calls China's Deep State.

This Stalin-style purge is a typical frightener in totalitarian societies to command complete loyalty and obedience. Business is now evolving along the lines of Putin's socialist theory of CEO's that "Those who sit on the egg deserve to be rewarded, just so long as they never come to believe it's their egg."

In former East Germany KGB Lt. Colonel Vladimir Putin burned files as the Berlin Wall fell and left for Russia with little more than a new washing machine and his wife in his plastic automobile.

China's leaders, like Putin, blame their own failures and past humiliations on the 'nebulous' West, which is enshrined as their justification to continue basing their economy on theft, imperialism and the abuse of their own people.


The most abusive and unjust leaders are always people who perceive themselves as victims who now get to dish out 'payback' to every innocent they happen upon.
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