Post
Topic
Board Economics
Re: China - everything is fine! But everything is bad ...
by
Snappycoco
on 05/08/2021, 06:58:00 UTC
"... China, in order to become the first power in the world and the world financial center, had to deny the Communist Party (CCP) a monopoly on capital. This did not happen, from my point of view, China failed its civilizational choice. no, we'll see in fifty years.
The CCP, after decades of being a freeman named Deng Xiaoping, is tightening the screws on all of its entrepreneurs. It is still possible to earn money, it is already forbidden to receive a representation for this money. That is, you can earn a lot, but more than a certain amount or under certain conditions is no longer possible. "
I don't know if this could be related to Jack Ma's sudden disappearance. Being the richest man in China isn't even a guarantee that you have your freedom. I even saw this article (https://www.forbes.com/sites/jenniferwang/2021/01/07/disappearing-billionaires-jack-ma-and-other-chinese-moguls-who-have-mysteriously-dropped-off-the-radar/?sh=55488deb2187) where most of their Billionaires are disappearing without a trace and that includes the great Jack Ma himself.