Listening to Xi talk about struggle and decisive action while bopping Win&Lose by Chinese Football…or hell, trying to hold onto the vibe of a Howie Lee track…I can understand why Xi would be nervous.
The Chinese of my twentysomething age cohort do NOT seem on board.
Xi is not an economist and that will come back to bite him. The misallocation of capital in China's semi-command economy is off the charts. There will be hell to pay for the masses of ordinary Chinese working people when they realize their lie-savings have been squandered on boondoggles and, even worse, on a gigantic military buildup to be followed by foreign adventures.
Of course I may be completely wrong about that last part. I pray that I am.
Listening to Xi talk about struggle and decisive action while bopping Win&Lose by Chinese Football…or hell, trying to hold onto the vibe of a Howie Lee track…I can understand why Xi would be nervous.
The Chinese of my twentysomething age cohort do NOT seem on board.
Xi is not an economist and that will come back to bite him. The misallocation of capital in China's semi-command economy is off the charts. There will be hell to pay for the masses of ordinary Chinese working people when they realize their lie-savings have been squandered on boondoggles and, even worse, on a gigantic military buildup to be followed by foreign adventures.
Of course I may be completely wrong about that last part. I pray that I am.