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Originally Posted by McBane
As mentioned in my last post, the Chinese have the upper hand because their leadership is playing the long game and committed to being the number 1 global super power.
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No, the #1 goal of the Chinese Communist Party is to remain in power. They need the whole "we're going to be #1 by 2049" thing to justify to their people why they treat them like complete —.
You can go get a job anywhere in the United States where they back shipping containers up to the dock and you unload the boxes that somebody loaded a few weeks earlier in China. You as a U.S. citizen unloading that container are paid much more, enjoy far more rights, far more personal freedoms, and work in a much safer environment.
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Chinese leadership doesn't worry about the next election,
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They worry about being overthrown and killed by revolutionaries.
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they don't care if today's policies are opposed by the public, or what the media will say.
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They are the media. They recently killed off independent media in Hong Kong.
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Whereas in the US, our leadership is fixated on two things only: 1) staying in power and 2) screwing the opposition.
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Except the U.S. is fundamentally different because most U.S. business and political leadership is comprised of the counter-elite. Everything turns over every 15-25 years. Old money families hold almost no power in business or government. Meanwhile all of the leadership in China springs from a small group of families. New Chinese business leaders must be contained because they cannot be allowed to challenge the ruling class.
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Nothing else matters (and don't pretend it's only one side). That's why we can't fix our infrastructure,
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China keeps building dead-end railroads and highways into mountain ranges that will never make money and apartment buildings that will never see residents. They do this so they can show the people that they're doing
something.
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There's simply no political will to do anything that might endanger re-election or give the opposition a win.
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The U.S. is extremely stable because elements of control keep bouncing around between different entities. New people and new industries keep appearing. There is almost no such thing as a family dynasty in politics or business.
I'm 1,000 feet away from the vice president of the United States as I type this post. He came from complete obscurity and his rise was sponsored by people like Peter Thiel who likewise rose from obscurity. Everyone in the central Chinese government is from families that have been in the Chinese government since 1949. They don't trust anyone from the outside.