Is something going on in China?

[jcyclonee]

I don't even know how you define communist these days. The communist countries today, as for most of their history, are just single party systems supporting a dictator. North Korean isn't even that, it's just a family cult dictatorship.

Just like Mikhail Bakunin predicted.

 

[deadeyededric]

I don't even know how you define communist these days. The communist countries today, as for most of their history, are just single party systems supporting a dictator. North Korean isn't even that, it's just a family cult dictatorship.

I've heard a lot of experts on North Korea say that collectively the oligarchs/party loyalists could take down the Kim dynasty.

 

[twincyties]

If it’s on Twitter but no other news source has picked it up the probability of it being true is like 1%

 

[deadeyededric]

The sad thing is, given the current state of journalism in the U.S., I can’t.

Regardless of what you think of their quality, don't you think someone would be all over this? This would be a big $$$ story.

 

[Acylum]

I've heard a lot of experts on North Korea say that collectively the oligarchs/party loyalists could take down the Kim dynasty.

Lester goes in depth on SK:

NBC host duped by North Korea after reporting from 'staged' ski resort

Lester Holt failed to realise that the scene was staged as he filmed the report from the Masikryong resort on Monday.

news.yahoo.com

 

[Acylum]

Regardless of what you think of their quality, don't you think someone would be all over this? This would be a big $$$ story.

No I agree. I’m not sure where our disconnect is.

 

[deadeyededric]

No I agree. I’m not sure where our disconnect is.

I still think some outlets do a good job. Other than that I'm with you on all accounts. I do agree that top to bottom it is lousy.

 

[cygrads]

I wouldn't listen to much India has to say about China.

Was there a massive cancellation of flights in China and empty airspace over Beijing?

There were unconfirmed reports of massive flight cancellations and empty airspace over Beijing, fueling coup rumours.

www.indiatoday.in

I hope I have pasted the link correctly. India Today website had a couple articles: 1) explosion video that went viral was actually from 7 years ago but it was from China and 2) they could find no coup and listed several reasons including a German reporter actually in Beijing.

This all seems pretty reasonable to me.

 

[Althetuna]

Its not that there's a lack of housing, its just in the wrong places.

Redirect Notice

 

[jmb]

Yes thats exactly how it works, and then Evergrande blew up, and the yuan is crashing and the Chinese banks were borrowing in US dollars but earning revenue in Yuan, and the dollar blew up to the upside, so the dollars get more expensive, and China CCP was warning them not to do this but foreign currency risk seems to get forgotten for every new batch of bankers/finance people. And then they did a bail in, where they take the deposits and people were like, okay mfers we aint paying our mortgage. Not sure the full story but above is what I have gathered.

Why did you say Chinese Chinese communist party?

 

[Sigmapolis]

I don't even know how you define communist these days. The communist countries today, as for most of their history, are just single party systems supporting a dictator. North Korean isn't even that, it's just a family cult dictatorship.

North Korea revolution'd so hard it wrapped back around to tsarist autocracy/absolute monarchy.

 

[mynameisjonas]

Apple is starting to move some of their production away from China to India. hopefully many other American businesses follow Apple‘s lead on this.

 

[jcyclonee]

Yes thats exactly how it works, and then Evergrande blew up, and the yuan is crashing and the Chinese banks were borrowing in US dollars but earning revenue in Yuan, and the dollar blew up to the upside, so the dollars get more expensive, and China CCP was warning them not to do this but foreign currency risk seems to get forgotten for every new batch of bankers/finance people. And then they did a bail in, where they take the deposits and people were like, okay mfers we aint paying our mortgage. Not sure the full story but above is what I have gathered.

Now this is a good description

 

[JM4CY]

Apple is starting to move some of their production away from China to India. hopefully many other American businesses follow Apple‘s lead on this.

India is a country that some might forget about when talking about world powers. Those guys are going to be major players in the next hundred years.

 

[cyclonemagic]

Xi has been spotted in public. The YouTube video below goes into depth about the CCP coup rumor...

 

[Spam]

Is the disappearance of Xi like the disappearance of Putin and the disappearance of the North Korean leader?

 

[somecyguy]

Apple is starting to move some of their production away from China to India. hopefully many other American businesses follow Apple‘s lead on this.

I really hope other companies follow suit. I'm tired of listening to tech companies complain about stolen IP when they are literally handing it to Chinese companies knowing the government is actively encouraging it.

 

[CloneIce]

The sad thing is, given the current state of journalism in the U.S., I can’t.

Are you claiming those are not reputable sources? In a thread based entirely on Twitter nonsense. Oh the irony.

 

[CloneIce]

I've heard a lot of experts on North Korea say that collectively the oligarchs/party loyalists could take down the Kim dynasty.

Probably, but the risk-benefit equation doesn’t support it. It’s a good life being an oligarch who benefits off a symbiotic relationship with an authoritarian dictator. You get loads of wealth without all the risk and headaches of being the leader.

 

[jbhtexas]

Apple is starting to move some of their production away from China to India. hopefully many other American businesses follow Apple‘s lead on this.

Is India really that much better? They don't get glowing reviews from Amnesty International. How about Apple moving their production to the United States?