Quote (Mondain @ 18 Dec 2022 04:58)
You're right,. socialism does not always lead to communism.
They both always lead to a totalitarian government.
Where the people pretend to work and the government pretends to pay them.
While they down in gallons and gallons of vodka.
Meanwhile everything great and innovative stops, leading to a shit hole of a country.
see russia as an example &&& China's Failing Economy.
Tongue in Cheek, my ex prime minister did a talk in Havard and he mentioned that the economy of Russia will find it difficult to rise above the occasion whether they have democracy or not.
If we are going to look at China's economy I am not too sure if it is failing per say.
But what I can tell you from what I experience is , there is a huge outflow of funds out of China / Hong Kong for the past 6 months.
Mainly to Singapore, USA and Canada.
A lesser extent to Portugal , Australia and New Zealand.
I helped a China client moved about 50M CNY last couple of days to Canada ( ARD 9 Millon CAD )
These are individual clients.
As for Companies , they are moving Funds to Vietnam / Cambodia .
This i can ascertain because I work for a remittance Company in Hong Kong currently and I handle these trades personally.
Quote (ofthevoid @ 18 Dec 2022 05:03)
I don't know, that's a very complex question and anyone that thinks it's a simple question hasn't thought about it hard enough.
What I find here in the west though the answer to that question depends on this if statement:
If it undermines and weakens our geopolitical enemies then yes, if it undermines us or our friends it's no.
That's why our media has so much to say about Ukraine and Taiwan, while Palestine, Kurdistan or Yemen no one gives a single fuck about.
That is true, it is really very complex , there is no black or white, good or evil. Everything is a different shade of Grey.
Just like the Japanese situation, they are only your friends and close allies until things turns away in your favour.
And if you notice before the rise of the Chinese economy and their military capabilities. The United States have a pretty solid relationship with the Chinese in the 70s and 80s, most notably after Kissinger's secret visit and the opening up to the West.
At that period if we remember clearly was the India / Pakistan conflict.
Now India is no doubt a democratic country and China is not. The West and the Chinese provided military aid and personnel to fight for the Pakistanis while Soviet Russia provided for the the Inidans.
The relationship between the Chinese Communist and the Russians were in very bad shape at that moment. And the Americans have the Chinese , the Japanese, the South Koreans to be the first line of defense at the Pacific theater to counter Russian aggression during the cold war.
Look how things have changed.
This post was edited by Hamsterbaby on Dec 17 2022 03:14pm