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Tag Archives: Communism
Scenes From China’s Slow-Motion Collapse
Remember the bank runs in China story after all those bank accounts in Hunan were frozen? I’ve been looking for signs of wider contagion amidst the Chinese banking sector, and mostly haven’t seen it. But I have seen a lot … Continue reading
Posted in Communism, Economics, Foreign Policy, Military, video
Tagged Alibaba, Baidu, bank run, banking, China, Communism, Economics, Evergrande, Ghost Cities, Henan New Wealth Group, Hunan, Lu Yi, Nasdaq, New York Stock Exchange, Pan Darong, Peter Zeihan, Sarbanes-Oxley Act, Stephen S. Roach, tanks, Xi Jinping, Xia Haijun
6 Comments
Banks Runs In China?
Reader Kirk suggested Chinese bank runs might be the next story to cover. I think I covered bank runs at smaller rural Chinese banks in a previous “China is screwed” post. Is a wider run in progress? Maybe. Multiple sources … Continue reading
Posted in Communism, Economics, video
Tagged Anhui, bank run, banking, China, Communism, Economics, Henan, Huaihe River Village Bank, Industrial and Commercial Bank of China (ICBC), New Oriental Village Bank, Shangcai Huimin Rural Bank, Shanghai, video, Yixian County Village Bank, Yuzhou Xinminsheng Village Bank, Zhecheng Huanghuai Bank
5 Comments
China’s High Speed Rail Network Is A Trillion Dollar Debt Sinkhole
Lefty sorts are always whining that other countries have high speed rail networks and we don’t. Many point to China’s extensive network of high speed rail as what we should be doing. Tiny problem: China’s high speed rail network is … Continue reading
Posted in Communism, Economics, Foreign Policy, video, Waste and Fraud
Tagged Beijing, China, China National Railway, Communism, corruption, debt, Foreign Policy, fraud, high speed rail, railroads, Shanghai, subsidies, video
17 Comments
Chinese Corporate Scam + Green Subsidy Scam = Mountains of Abandoned New Cars
Here’s another entry for the “China’s economy is smoke and mirrors all the way down” file. Remember the previous story on the mountains of unused bikes for failed Chinese bike-sharing startups? Well, evidently the exact same thing happened with “green” … Continue reading
Posted in Communism, Foreign Policy, Global Warming, video, Waste and Fraud
Tagged automobiles, China, Communism, Foreign Policy, green subsidies, video
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Shanghai Locking Down Again
Just days after the Chinese Communist Party lifted Shanghai’s last Flu Manchu lockdown, they’re locking Shanghai down again. China’s commercial hub of Shanghai will lock down millions of people for mass COVID-19 testing this weekend – just 10 days after … Continue reading
Posted in Communism, Foreign Policy, video
Tagged China, Communism, coronavirus, Foreign Policy, Peter Zeihan, Shanghai, video
6 Comments
New Trend For Young Chinese: Give Up And “Let it Rot”
It’s tough to be a pimp young worker in today’s China. In addition to being repressed by the communist government, they’re unable to afford cars or houses, and many can’t even find jobs. As a result, some have turned to … Continue reading
Posted in Communism, Economics, Foreign Policy
Tagged bai lan, China, Communism, coronavirus, economy, Foreign Policy, lockdown, unemployment, video
10 Comments
Domestic Terrorist Dies
Just a brief note that domestic terrorist and murder accomplice Kathy Boudin has died. Kathy Boudin, who spent decades in prison for her part in the deadly 1981 Brink’s armored truck heist as a member of the radical militant group … Continue reading
Posted in Communism, Crime, Democrats, Social Justice Warriors
Tagged Andrew Cuomo, Brink's, Communism, Crime, David Gilbert, Democrats, Edward O'Grady, Judith Clark, Kathy Boudin, May 19th Communist Organization, Obituary, Peter Paige, Social Justice Warriors, terrorism, Waverly Brown, Weather Underground
2 Comments
Observing 2022 Victims of Communism Day
Today is May 1st, which means that once again it’s time to observe Victims of Communism Day, remembering that a false, brutal ideology killed over 100 million people. Here’s a list of memorials to the victims of communism. With Ukraine … Continue reading
Posted in Communism, video
Tagged Communism, East Germany, famine, Holodomor, Joe Rogan, Michael Malice, Soviet Union, Ukraine, Victims of Communism Day
1 Comment
Why Are Russia’s Arms Sucking So Badly?
So why is Russian miltech performing so badly in Ukraine? In addition to some of the reasons we’ve already covered, this video provides additional answers (skip to 1:35 in to avoid the sponsor blather). Russia has 2.5 to 3 million … Continue reading
Posted in Communism, Military, video
Tagged aircraft, Alexei Navalny, Almaz-Antey, Communism, Foreign Policy, Kalibr, Military, NPO Novator, ROSTEC, Russia, Russo-Ukrainian War, Sergey Chemezov, Siloviki, Soviet Union, UAC, Ukraine, video, Viktor Ivanov, Yevgeny Prigoshin
18 Comments
Is China Screwed? (Part 2)
There more you start poking around online, the more you turn up reasons why China is screwed. The first installment in this series was popular. Well, there’s a lot more reasons why China is screwed. It’s screwed all the way … Continue reading
Posted in Communism, Economics, Foreign Policy
Tagged Beijing, China, Communism, debt, demographics, LGFVs, Ordos, Shanghai, Shenzhen, video, Yi Fuxian
10 Comments