Chinese Economics Thread

HighGround

Senior Member
Registered Member
(Just an aside, but I'm surprised that Chinese diaspora does not look into US government/civil service as a potential career path. When I was growing up working in a government position was never an option. )
You don't make millions of dollars by working in USG. You make millions of dolalrs by working with USG. The people who make the money on the subsidies are the CEOs, the contractors, and the rest of C-Suite at places like Boeing and General Dynamics.

But Asians wouldn't be let in those places of power because let's be real. There is a "Bamboo Ceiling", which has basically no media attention.
 

RoastGooseHKer

New Member
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There are innovations that do not deserve protection. It could be 56 genders, DEI, I could innovate a new xijinping based crypto to scam millions, that wont serve majority any good. Those ought to be destroyed. Benefiting majority is the one and only goal. There is no trade off.
You could have added radical feminism to that list of useless innovations
 

antwerpery

Junior Member
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He became a security risk, plain and simple. He should have been charged with treason.
Nah I think the whole Jack Ma and Israel thing is blown out of proportions. No need to overthink it, he tried to challenge the China's financial management, then he quickly learnt who is in control of China.
I remember when Jack Ma got slapped down for too big for his britches. Everybody freaked out, mainstream media, reddit, twitter, 4chan. Even the liberals who usually didn't like billionaires, were all like "Human rights, free speech, this is why China is still poor, if you're rich you're nothing but a target in China, something something commies and Mao". And as what's currently happening in America proves, you really don't want the billionaires and tech bros to get too much power, both in the market and in the government.
 

Wrought

Junior Member
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I remember when Jack Ma got slapped down for too big for his britches. Everybody freaked out, mainstream media, reddit, twitter, 4chan. Even the liberals who usually didn't like billionaires, were all like "Human rights, free speech, this is why China is still poor, if you're rich you're nothing but a target in China, something something commies and Mao". And as what's currently happening in America proves, you really don't want the billionaires and tech bros to get too much power, both in the market and in the government.

Thing is, the US used to know this too. Teddy Roosevelt said so in 1913:

“Of all the forms of tyranny the least attractive and most vulgar is the tyranny of mere wealth.”

And FDR said so twenty years later:

"They had begun to consider the Government of the United States as a mere appendage to their own affairs. We know now that Government by organized money is just as dangerous as Government by organized mob. Never before in all our history have these forces been so united against one candidate as they stand today. They are unanimous in their hate for me—and I welcome their hatred."

But now they've forgotten the lessons of their own history. Who does this describe now, a hundred years later?

"We of this generation do not have to face a task such as that our fathers faced, but we have our tasks, and woe to us if we fail to perform them! We cannot, if we would, play the part of China, and be content to rot by inches in ignoble ease within our borders, taking no interest in what goes on beyond them, sunk in a scrambling commercialism; heedless of the higher life, the life of aspiration, of toil and risk, busying ourselves only with the wants of our bodies for the day, until suddenly we should find, beyond a shadow of question, what China has already found, that in this world the nation that has trained itself to a career of unwarlike and isolated ease is bound, in the end, to go down before other nations which have not lost the manly and adventurous qualities. If we are to be a really great people, we must strive in good faith to play a great part in the world. We cannot avoid meeting great issues. All that we can determine for ourselves is whether we shall meet them well or ill."
 

Michael90

Junior Member
Registered Member
He became a security risk, plain and simple. He should have been charged with treason.
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Interesting.. In that case I think he should have been imprisoned and sentenced indeed, if he was a security threat for the country. I wonder why Xi finally let him go.
 

Biscuits

Colonel
Registered Member
He became a security risk, plain and simple. He should have been charged with treason.
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I'm pretty sure that's done with government approval. Or at least from some factions in the government.

Israel sits on a lot of American intel. And many Israelis have no loyalty to US either. Imho working with Israelis probably gave China some of the best subterfuge when it comes to dealing with the west.

But with Jack Ma in particular, I knew his head was getting too big when he did that movie where he's beating up every other action star...
Interesting.. In that case I think he should have been imprisoned and sentenced indeed, if he was a security threat for the country. I wonder why Xi finally let him go.
No crime was committed. He saw the directions the winds was changing and that the public won't be receptive to his agenda and fucked off by himself. Smart.
 
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