Comments by "William Warren" (@wbwarren57) on "Lei's Real Talk"
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Be very careful what you wish for Lei. The CCP has lured hundreds of millions of Chinese people into big cities which are extremely complicated machines that require in order to work a constant flow of food, water, and electricity, inward, and an unimpeded flow of sewage and garbage outward. If the CCP falls, these machine cities will stop working almost immediately, and the people in them will begin starving and dying of thirst, covered in filth, and surrounded by heaps of garbage paralyzed with fear. As your expert pointed out, the groups that are most likely to remain effective if the CCP falls are the internal security forces that will begin to feed off of the population without restraint of local officials or the central government and they will rape and torture and kill tens of millions of Chinese people to ensure their own survival. If the CCP falls, it will likely take years before any replacement government arises that can restore social order. Be careful what you wish for, Lei.
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@wakannnai1
You underestimate the greatness of Xi Jinping and the CCP! Remember that $6 billion that disappeared from the accounts in that provincial bank? Well, that money is now well and truly gone because the CCP deleted any mention of it from the Chinese internet AND SOCIAL MEDIA and used thugs in black slacks and white shirts to terrorize the account holders into no longer asking for their money back. If no one is asking for their money back, is any money really missing?
When it is comes to the real estate crisis, the CCP will use the same approach. They will punish (fine, arrest, torture, imprison, kill, organ harvest, etc.) at least one mortgage boycotter from each real estate project affected by boycotts. Though this won't be mentioned anywhere on the Chinese internet (or at least it won't be mentioned after the censors have done their work), word-of-mouth will get around that the mortgages MUST be paid if the mortgage holders (or their surviving families) won't to escape punishment.
Far from being criticized by the Chinese "people" (CCP livestock) at large, it will be welcomed because it will help stabilize the finances of the real estate companies, perhaps lead to the completion of more projects (though that is not guaranteed), and will restore confidence that the CCP will not let property prices go down. Though this course of action probably will adversely affect the long-term growth of China, restored confidence will cause the Chinese people to once again joyfully resume en masse throwing their life savings into the real estate money pit (Ponzi scheme) once again and prices will resume rising - and even surging like the good old days. Rising real estate prices will, of course, also help to stabilize and restore provincial finances.
Yes, this policy is just "kicking the can down the road", but it should work long enough to benefit the older leaders now in the CCP (until they are buried with full honors - Xi Jinping among them) and should give the younger well-connected smart CCP members time enough to steal as much money as possible (many, many billions of US$) and flee the country with their family and their fortunes (fortunes at least, new families can be purchased if needed).
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I certainly hope that things improve for the Chinese people! They are certainly living under one of the most evil regimes, the CCP right now! However, as I’ve said, before, I am pessimistic that the Chinese people can expect much that is good from the west. The west gets a very good deal right now with the CCP, essentially selling the services of the Chinese people as slaves and allowing for the pollution and degradation of the Chinese environment. The CCP as part of this deal gets plenty of money and power, and the Chinese people get oppression, unfreedom, pollution, sickness, lack of healthcare, bad food, lowered life, expectancy, etc.
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