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China’s Screwed
China's mired in an intractable economic malaise.
You've heard that how often from me? This story hasn't changed in a very long time which imparts an air of recitation to each successive update, but that's ok. Because the repetitive nature of the narrative serves to underscore the most important point: The situation's not improving. In fact, it's getting worse on some metrics and barely better on all the others.
Beijing released activity data covering July on Thursday and if there were bright
What have many leaders done in similar situations throughout history?
There’s nothing like a good war to distract and rally the population.
A decade ago, The Party accelerated the deployment of cameras and population tracking. That was an early sign that things were going to be different going forward. Demographics and debt demanded a change, and with those factors still ramping up, I believe China is stuck in a slow burn down situation for the next 20-years or more.
If you’re a Chinese citizen, there’s not many places to hide, or good ways to communicate displeasure. So, either the surveillance state works, and keeps the populace under control, or the pressure eventually builds to the point of explosive change.
Are most Chinese anxious to return to the Good Old Days before the revolution? When Chang and his triad buddies looted the nation?
*Chiang
Correct. Thank you. I cannot figure out how to use Chinese characters in these posts.
Nor am I facile with Mandarin versus Cantonese or some of the other dialects that were spoken in Taiwan before Chiang’s defeated armies, families and allies came and swarmed over Taiwan.