Chinese UC San Diego students felt the Tibetan spiritual leader “contravened the spirit of respect, tolerance, equality, and earnestness”
Spoiled little Marxist-nationalist brats. FREE TIBET you statists. FREE TIBET!
You people are defending an imperialist and nominally COMMUNIST China. – Man, I want to use more colorful language, but in the spirit of the of the Dalai Lama I won’t…
…Eh, I’m not Buddhist. Forget it.
Dismiss these warnings at your peril.
Will it happen today? Tomorrow? In the next year? Next 3? No one knows for sure. But we are feeling increasingly extended in world markets (and not just in stock markets).
Yet there is deep value driving some of the economy too. There is no doubt about that.
That the EU types have been rebuffed with Brexit and Trump are positives – despite what you’ve heard –
We still haven’t felt the full wrath of the ghost of 2008. There is still more to pay. Many of us of course already have paid dearly, but the banking system has not paid the way it must. Which means that WE, the non-bankers will pay again.
Keeping powder dry is always smart, if possible. It’s not for many Americans. Which makes any potential crash highly destabilizing. Then add in the current political risk in the USA.
Watch Puerto Rico.
Trade protectionism is pretty much ALWAYS about crony capitalism.
China is the Ultimate Crony Capitalist State. Its banks, its energy companies, its construction companies, all the big stuff is dominated by an entrenched post-Mao aristocracy. Prices are obfuscated and graft is widespread – particularly the legal kind. Such a situation is fundamentally unstable.
Funny thing about gold – through war, peace, Marxism, Keynesianism, empire expansions and declines, people still want the “relic.”
Welcome to The Ultimate Crony Capitalist State. China is big government and big business fused together. It’s good to be a crony in China. On the outside however it’s a bit more challenging.
People around the world are coming to understand what crony capitalism is. This comes to us from Australia. The author still has a bit too much faith in government but generally he gets it.
Property rights are a key part of the foundation of a civilized society. Maybe China is making some progress on this front. Good for this guy.
And environmentalists – consider how defending property rights, instead of throwing in with the government (which is always connected to large interests) might further your cause – legitimately and without coercive force from the state.
(From The FT)
Chairman Mao’s legacy has became a battleground for “leftists” and “rightists” over the past year, 50 years after he launched the chaotic and violent Cultural Revolution. The rancorous debates come as current president Xi Jinping tightens control over the party and society. On Friday, censors closed down the social media accounts and website of a think-tank founded by 88-year-old economist Mao Yushi, a frequent target of neo-Maoists (and no relation with the Communist leader),