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RE: How Would You Feel About The US If Apple's Revenues Dropped 30%?

in LeoFinance4 years ago

It’s nice to hear the other side of the story.

A lot of what we hear is how great China is in so many areas and how efficient their government is as if authoritarianism was a cure for all our problems.

I recognize the huge economy of China and the success story of the tremendous change in their country from the one nearly destroyed in a civil war in the 1930’s and the estimated nine million people killed in political re-education camps and many due to starvation and disease during the collapse of the countries food supply chain in the aftermath of war and political purges which ended many lives and destroyed their businesses, farms and networks. War and political upheaval are brutal tragic events with many victims.

The rebuilding of such a huge and diverse country in 40 years to a global economic power is admirable. But the capitalistic system they allowed to flourish under the government system of communism should get credit, along with a huge influx of capitol from the outside world, the hard work of its people and favorable governmental monetary policy which kept their hoods cheap for many years.

I agree that China is in trouble as an exporter of everything to a world growing ever more suspicious of its motivations and its products.

And if it’s one thing history teaches us that a government on the brink of losing control of its people often becomes more harsh and restrictive as it tightens its grip on the people struggling to be free. In my view that’s what’s happening in mainland China, and the places like Hong Kong. Political unrest, riots and demonstrations, along with the arrest or disappearance of businessmen suggest the tightening grip of a totalitarian regime trying to keep control.

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