Comments by "William Warren" (@wbwarren57) on "China Update" channel.

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  228. Suggested Video: Why Did Xi Jinping Impose the "3 Red Lines" Policy? As a small-brain, short-term, weak thinking, fundamentally-corrupt bourgeois Westerner, I don't understand why the big-brain, long-game, mystically-powered, genius-thinkers of the CCP suddenly imposed the "3 Red Lines" policy?!? As a small-brain, short-term, weak-thinking, fundamentally corrupt bourgeois Westerner, what I think gave rise to the "3 Read Lines" policy that is now endangering the very existence of the CCP includes: 1. The CCP policy makers did not have adequate accurate information about the real financial situation of the Chinese real estate sector either because they were too lazy to go get or because the CCP had allowed for so much systematic corruption to thrive at all levels of Chinese government and business that the data was impossible to get. 2. If the CCP policy makers DID have the data (even if only a potion of it) then they did little or no analysis about the likely outcomes of imposing the "3 Red Lines" policy and cutting the Chinese real estate sector off from more borrowing that would have allowed them to cover up their precarious financial situation. 3. The CCP policy makers fastened onto the "3 Red Lines" policy to indulge their fascination with policies that look good on a bumper sticker and include a number in the name. 4. The CCP policy makers showed little or no imagination in different approaches to reducing the real estate bubble. For example, they could have quietly worked with the real estate companies to sell off non-core assets and businesses (while these were still attractive to other investors), speed up the completion of their building projects so they could access any escrow funds, and help them to do limited borrowing to refinance/restructure the most urgent debt repayments to avoid a huge loss in international investor confidence. 5. The CCP policy makers in the Xi Jinping faction imposed the "3 Red Lines" policy to embarrass and destroy the rival CCP factions with little or no regard to what the collapse of the Chinese real estate sector would do to endangering China and the CCP as a whole. Please help me understand! As a small-brain, short-term, weak-thinking, fundamentally corrupt bourgeois Westerner I want to bow down and - nay, kneel down and kowtow - to the big-brain, long-game, mystically-powered, genius thinkers of the CCP and surrender totally, abjectly, and apologetically but until I can understand the true genius of the "3 Red Lines" policy, I must admit I am hesitating - and for that I am truly very, very, very sorry and deserving of punishment!
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  280. Summary: CCP, as expected, refuses to publish numbers of children sickened or killed by a new virus just as they have and continue to publish accurate numbers of the Chinese people sickened or killed by COVID. Refusing to publish such numbers does, of course, make it easy for the CCP to claim that they are being more effective than any other nation in confronting this new disease and to declare "victory" over it whenever they wish. CCP announces massive bailout to fund the completion of millions of housing units that the Chinese people are already paying off mortgages on, sometimes for years. This is good news for the parties in CCP China that REALLY matter. Corrupt CCP officials will have another change to enrich themselves by embezzling huge amounts of these funds. Chinese provinces will be able to strongly encourage (force) real estate developers to purchase more property as the unfinished apartments are completed in order to start the real estate Ponzi scheme all over. Construction firms and suppliers of steel and concrete will be able to make huge profits by charging premium prices for services, steel, and concrete that are actually substandard versions of these, and pocketing the cost difference. Normal non-CCP Chinese people (those treated like cockroaches by the CCP) will, of course, suffer. People who are waiting on unfinished apartments will receive tofu dreg apartments that will fall apart almost immediately and will be practically impossible to resell. People who own already furnished apartments and who are still paying off mortgages will see more of their equity disappear as owners of the newly finished properties try to hide any problems and sell them off. All of the Chinese people will be placed under an even greater debt burden that is used to fund the bailouts.
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  299. Tony, you really crossed the line today with your report about "CCP fears" that "other countries" are developing ethnic bio weapons. In reality, what you did was to help spread a CCP terrorism threat to the world that the CCP is developing or have developed (they think) such weapons. First, if the CCP was really worried about this, they would raise the issue publicly with major entities such as the US, the UN, the World Health Organization, the European Common Union, etc. instead of via a single report through one of their obscure spy agencies. Second, it is blatantly obvious that developing a narrowly targeted weapons such as these are impossible because a) the vast majority of humans in every country in the world is actually a genetic mixture of many different ethnic groups and b) there have been ethnic group-crossing diseases for the past thousand years (when ethnic groups were MUCH more segregated than today) such as the bubonic plague, smallpox, the Spanish flu (in fact, all varieties of flu), and COVID. If people of different ethnicities differed so sharply to make ethnic bio weapons feasible then we should have seen "one country only or one ethnic group only" killer diseases in the past but we haven't. In the future I am going to refer to you as "Tony (Lord Ha Ha)" in hopes that some day a Western government will hold you responsible for helping the CCP spread terrorism threats in addition to the usual propaganda you faithfully repeat in the same way that "Lord Haw Haw" was held responsible for broadcasting Nazi propaganda after WW2.
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  335. ​ @jerryrichardson2799  The "cheap" shot at Tony is both a criticism and a warning. In my opinion, Tony's videos could better be done outside of China where he could provide more thorough analysis without fear of CCP reprisals. All of the sources that he quotes are publicly available and he does not, of course, quote any Chinese CCP or business insiders to avoid inevitable and severe CCP crackdowns. Though Tony is, of course, not a Lord Haw Haw (an Englishman who broadcast Nazi propaganda throughout WWII and who was arrested, tried, and hung by the British after the war ended), I am afraid that he will likely face very pointed questions and possibly penalties by both sides in the event of a dramatic increase in tensions such as a CCP attack on Taiwan or more devastating news coming out about high-level New Zealand or Australian politicians or business leaders receiving CCP bribes. On the CCP side, Tony could be arrested al any moment and held in prison for years as a bargaining chip as was done to an Australian journalist who was only recently released by the CCP after 3 years in prison. On the Western side, Tony may face charges that he helped the CCP to identify and make contact with the politicians or business leaders who are found guilty of receiving CCP bribes. Tony is a nice guy that I don't want to see any harm come to. But Tony has put himself in a very precarious position that could blow up in his face at any time for, as far as I can see, very little personal or professional benefit.
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