Could Evergrande’s Collapse TANK the Global Economy?
Added 2021-09-25 14:21:38 +0000 UTCDon't worry everyone, the CCP will bail us out!
—Chris
Comments
We just had him on the podcast! The book is great!
China Uncensored
2021-09-26 21:30:11 +0000 UTCOh, there is a book out on the supposed underpinnings of business in China. It is more like a shopping novel at times but at half way though some things have come out...read if you have time...Red Roulette by Desmond Shum
Tony Chopkoski
2021-09-25 20:18:45 +0000 UTCThis made me think that some would say the cultural rev was chaos...ah, not really. True chaos has no goal, one day this, one day that. The cult rev had a goal which stayed the same throughout its run: Pure, abstract and impossible to achieve Communism. Enemies were from certain pinpointed groups. Today, the commies can hardly keep up with all the different groups that they are paranoid over...India, Mongolians, capitalists, Taiwan, the Philippines, the world court, everywhere chaos is stalking them. Never had that in the cult rev as they were the ones attacking. Now, they are under fire.
Tony Chopkoski
2021-09-25 19:53:02 +0000 UTCGood notes, good notes...but this makes me think, is China overrated per its money power? True power rests in working with chaos, because it will always arrive. The commies cannot work with chaos. It throws them for a loop. So, they will try to stop it (Chris mentions saving Chinese investors)...but sooner or later they will lose their grip. Their structure of total control is overweight and fragile. It will crack.
Tony Chopkoski
2021-09-25 19:38:46 +0000 UTC
