So what does this mean? Do they need Chairman Joe and the federal reserve to print them some money and bail them out?
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No what it means is that Communists who try to step in and create capital markets fuck it up most of the time. The Vietnamese government in Hanoi is a notable exception. That is an interesting discussion about how all this came to pass. After the North over-ran the South hardline Commies were in charge. Over the next 8 years, they starved millions avoiding a coup with brutal repression of organizers, some of whom were admirers of Ho. Ho was pretty bright dude and saw private property and capital markets as a way forward for Vietnam, of course in a sense where there was still central government control of certain levers. I may not have the time line correct but Ho Chi Minh died sometime in here but had wisely assembled supporters who carried out his plans.
There was huge entrepreneurial surge under a revised Communist regime in the 80s ..... that's all it took. That shit works when people are rewarded for work and investment instead of having the government centrally manage food, banking and commerce and no one except the commies can own property. Just doesn't work.
The more Xi tries to cement his legacy and look like Mao, the worse that country is going to be off. It may take a while but the writing is on the wall. The biggest threat from those particular commies is the threat of a military confrontation typically undertaken by autocrats to distract from their failures. Pretty much what the saber rattling by the Chinese over Taiwan is all about. Pretty much what Putin is trying to pull-off in the Russia/Ukraine deal as well.
The problem for the Chairman is that he is the last person I want in the US presidency to deal with no-shit provocation - as in a military op of some sort (and that includes all kinds of options that don't involve tanks) by either Xi or Putin ...... discussing that is for another day.Mission to CFB's National Championship accomplished. But the shine on the NC Trophy is embarrassingly wearing off. It's M B-Ball ..... or hockey or volley ball or name your college sport favorite time ...... until next year.
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Originally posted by Mike View PostGeoffrey Fieger has filed a pair of $100M lawsuits against Oxford Community Schools on behalf of the parents of two students, one of which was shot.
a. Publicity
b. Money
That's it with him.
He is the Al Sharpton of the legal profession."in order to lead America you must love America"
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Liberals take their fair share of heat for exaggerating the significance of Jan. 6. Guilty as charged.
But Fox News over the past 48 hours has been treating the fact that a mentally ill, homeless, drug addict burned down their Christmas tree as the equal to Pearl Harbor or 9/11 and nothing less than the attempted assassination of Christ himself
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Originally posted by Mike View PostThe arsonist was let free on zero bail, tho. Lots of that going around these days. Fortunately, bail reform has had no adverse affect on society.
Just last week, though, the exact same dude walked up to a bunch of reporters outside the Ghislaine Maxwell trial and whipped his dick out and starting swinging it around before being dragged off by the cops. Might not be a terrorist mastermind we're talking about here.
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Year over Year inflation hits 6.8%, just over the 6.7% estimate. Highest since 1982.
Consumer price index November 2021 (cnbc.com)
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