Comments by "Harry Mills" (@harrymills2770) on "China Update" channel.

  1.  @cooldudecs  If the dollar's rising, given how bad it's inflating, what's that say about other economies?
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  2. This is all bad news for China, on the surface, but it is wrong to judge China by our lights. They can remain in power through much worse than this. They're gangsters born in chaos. Downturns and pandemic lockdowns just give them an excuse to weed out the unruly.
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  3. I wonder if China's pursuing this policy as cover for crackdowns they need to impose, because of a pesky middle class beginning to form in China. They want to dominate, economically, but they can't, without sharing the wealth with their people. Sharing wealth with the people gives the people the means to challenge authority, and the wherewithal to ask deeper questions that the CCP can't afford to have bandied about. I also wonder if maybe COVID-19 was developed as a bioweapon that was tested and perfected on Chinese guinea pigs, and the virus affects Chinese people, more. But I think the Chinese zero-covid policy is just as wrong-headed for China as it was for the rest of the world. But the CCP has enough power over the Chinese people to pursue their delusional policies far longer and far more aggressively than MOST nations around the world. It appears that the CCP is squandering all the enormous economic gains of the past 30 years. I think maybe the CCP is finding that the more competitive they become, globally, the harder it is to govern. I honestly don't think they care about world domination nearly as much as they care about maintaining power in China, itself, and world domination is inconsistent with top-down, totalitarian rule.
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