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To: Melian
Ah, yes, Peter Zeihan. I get his daily newsletter.

I don't always agree with him, especially about Trump.

He is open and upfront about his biases and will tell you when he doesn't know something and when he is guessing.

He also is quick to admit when he makes a mistake.

WWG1WGA

Garde la Foi, mes amis! Nous nous sommes les sauveurs de la République! Maintenant et Toujours!
(Keep the Faith, my friends! We are the saviors of the Republic! Now and Forever!)

LonePalm, le Républicain du verre cassé (The Broken Glass Republican)

1,822 posted on 08/25/2023 9:44:54 PM PDT by LonePalm (Commander and Chef)
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To: ransomnote; Disestablishmentarian; I_be_tc; rodguy911; defconw; meyer; outinyellowdogcountry; ...
A "Broken China" ping.


If you want on or off the ping list send me a FReepMail.

Damn, three in one day.

Two weeks ago, He Mei (Linda He), the owner of the largest Immigration Agency in the PRC (Wailain), was arrested by the Shanghai police. She was ordered to turn over her records on all past clients. Five days later authorities announced her arrest along with five others on charges of illegal currency trading with a value of ~$15M US.

This has sent a shock wave through her clients. If any were party officials or the family of military or party officials, secretly applying for emigration is considered a sign of disloyalty to the CCP. It also exposes their financial records to the government.

Since the beginning of the summer there have been increasing steps to stem the flood of money and high-net-worth individuals. Government officials at all levels have been ordered to complete detailed financial statements with harsh penalties if they are fund to have lied. I mentioned this in one of my previous posts.

Wailain, Ms He's company, boasts about emigration without relocation. It allows individuals and families to obtain foreign passports without leaving the PRC to do so. This allows them to continue to make money in China but be able to flee the country on a moment's notice.

The limit for currency exchanges is $50K US per year. Unofficial transfers are highly illegal. It is reported that the current overhead charged for black market currency exchanges is sitting at 40%. That is, you give them 140 Yuan to have 100 Yuan of value deposited in your account overseas.

WWG1WGA

Garde la Foi, mes amis! Nous nous sommes les sauveurs de la République! Maintenant et Toujours!
(Keep the Faith, my friends! We are the saviors of the Republic! Now and Forever!)

LonePalm, le Républicain du verre cassé (The Broken Glass Republican)

1,831 posted on 08/25/2023 10:38:59 PM PDT by LonePalm (Commander and Chef)
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