Dear Mr. Gou,
Contemplation
He went for a long walk, trees bare. Considered his discussions with historians, experts, strategists, analysts. Articles, analyses, theories. The largest nation on earth, with 18.5% of humanity’s population, the 2nd biggest GDP, had lifted term limits for its leader. No one seemed to care, which itself seemed fascinating, said something.
But what? He wondered. Nearly everyone accepted the rough narrative that by lifting term limits, Xi Jinping strengthened his control, allowing him to complete the anti-corruption drive, and the Belt and Road Initiative.
He didn’t buy it. Xi Jinping surely had time to groom a successor with similar beliefs and priorities before his 2nd term ends in 2023. Besides, there’s precedent for former leaders to remain active in the wings, well beyond their formal rule.
The 2-term limit was introduced in 1982 to save China from the ruin of uninterrupted leadership - Mao’s late legacy prompted the constitutional change. Throughout history, great nations and empires fail when they surrender their institutions to an individual.
The Chinese know this. Why’d they do it?
Is Beijing preparing for instability? Chinese banks have $40trln balance sheets (50% of global GDP, 3x Chinese GDP). US banks hold $17tlrn balance sheets (less than 1x US GDP).
https://www.zerohedge.com/news/2018-03-25/eric-peters-chinese-know-why-are-they-doing-it
While they prepare for WAR!Contemplation
He went for a long walk, trees bare. Considered his discussions with historians, experts, strategists, analysts. Articles, analyses, theories. The largest nation on earth, with 18.5% of humanity’s population, the 2nd biggest GDP, had lifted term limits for its leader. No one seemed to care, which itself seemed fascinating, said something.
But what? He wondered. Nearly everyone accepted the rough narrative that by lifting term limits, Xi Jinping strengthened his control, allowing him to complete the anti-corruption drive, and the Belt and Road Initiative.
He didn’t buy it. Xi Jinping surely had time to groom a successor with similar beliefs and priorities before his 2nd term ends in 2023. Besides, there’s precedent for former leaders to remain active in the wings, well beyond their formal rule.
The 2-term limit was introduced in 1982 to save China from the ruin of uninterrupted leadership - Mao’s late legacy prompted the constitutional change. Throughout history, great nations and empires fail when they surrender their institutions to an individual.
The Chinese know this. Why’d they do it?
Is Beijing preparing for instability? Chinese banks have $40trln balance sheets (50% of global GDP, 3x Chinese GDP). US banks hold $17tlrn balance sheets (less than 1x US GDP).
https://www.zerohedge.com/news/2018-03-25/eric-peters-chinese-know-why-are-they-doing-it
Just hours after the latest close military encounter between the US and China, when the US navy sailed a destroyer to within 12 nautical miles of the contested Spratly Islands in the South China Sea as a "freedom of navigation" operation - a move that China condemned as a "severe provocation" just as the two countries launched an all-out trade war - the Chinese military launched its spring combat readiness drills with an air force exercise in the West Pacific and a joint combat patrol mission in the South China Sea.
The air force drills include H-6K bombers and Su-30 and Su-35 fighters, according to the PLA , and have a simple, if clear, purpose: "Air Force exercises are rehearsals for future wars and are the most direct preparation for war," the Chinese Air Force said on its Weibo account on Sunday, according to Reuters.
"The more exercises China practices far from its shores the better it will be positioned as an important force for managing and controlling crises, containing war and winning battles", it added.
https://www.zerohedge.com/news/2018-03-25/china-launches-massive-military-drills-preparation-war
http://journaltimes.com/business/local/commerce-associaiton-foxconn-incentives-will-pay-off--fold/article_7595b5f9-8752-5137-86a1-b3d94bcc3e4d.html#tracking-source=home-top-story-2
https://www.jsonline.com/story/money/business/2018/03/24/foxconn-executive-louis-woo-surprised-political-infighting-over-factory-wisconsin/455864002/
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2 comments:
It's all a lie.
There will not be 13,000 Foxconn jobs paying $53,000 each.
It will become the R.I. Bong Air Base (Kenosha County) of Racine County.
Richard I. Bong Air Force Base is an unfinished Air Force Base built during the late 1950s. It was named after the famous aviator, Major Richard Ira Bong, of World War II fame.
The base was originally intended to be an air defense fighter base for the Chicago and Milwaukee areas. It was conceived in the early 1950s and construction began in the mid-1950s. Construction had barely begun when the base was transferred to the Strategic Air Command. Eventually, the base was considered obsolete as it had become apparent to Air Force officials that the base would be rather redundant with installations nearby that would soon have space for more units. The base was abandoned in 1959 and disposed of the following year.
https://en.wikipedia.org/wiki/R.I._Bong_Air_Force_Base
After it was closed, the base sat in disuse for many years. After becoming the hotspot for biker gangs and criminal activity, the state of Wisconsin finally bought the 4,515-acre (18.27 km2) site in 1974. It was then turned into a park, called Richard Bong State Recreation Area. It was the state's first recreation area. Part of the base was also turned into a golf course.
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