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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 382.95-0.8%Nov 13 4:00 PM EST

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To: Maurice Winn who wrote (204157)1/28/2024 6:47:35 AM
From: carranza2  Read Replies (1) of 217750
 
Well put, Mq.

The Chinese political DNA is defective because it has for centuries relied on one For Life man, whether an emperor or a Core Comrade. Slavish boot-licking of the One Man follows. Errors are magnified because there is nothing to prevent them, i.e., Great Leap Forward, Xi’s socialism with Chinese characteristics, one child policy, etc.

So powerful is this aspect of Chinese political DNA that the greatest mass murderer in history, Mao, still retains god-like status.

There is no political evolution, no struggle between competing ideas leading to progress as in the West. No reality checks, in the current vernacular. More important, the One Man has no ‘sell by’ shelf life which limits what he can do. The door for megalomaniacally-induced disasters is therefore always open.

You’d think the Chinese would have learned by now, but this requires a cultural appropriation of Western values which the Chinese simply cannot abide. So, old errors are committed serially.

We are witnessing one being played out. Again, for the umpteenth time.
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