Posted on 12/04/2021 5:10:17 AM PST by MtnClimber
Cowardice and courage on the question of China.
China is ruled by an increasingly totalitarian regime that uses technology to spy on its citizens. It is, at this moment, carrying out a genocide against its Uyghur Muslim population. It regularly vanishes people who dare to dissent. And it wants to control the terms of debate, politics and business worldwide.
Having disappeared doctors and scientists who tried to blow the whistle on Covid-19, the Chinese Communist Party has now targeted Peng Shuai, a tennis star who accused a former top Chinese government official of sexual assault. “Even if it is like an egg hitting a rock, or if I am like a moth drawn to the flame, inviting self-destruction, I will tell the truth about you,” she wrote on the social media platform Weibo. Then her message disappeared. And so did she.
These are facts discoverable to any American with an internet connection, which the hedge fund investor Ray Dalio surely has in his Greenwich, Connecticut, mansion.
Smart guy, one imagines, to be trusted with managing $150 billion of other people’s money, as his company Bridgewater does. But when Dalio was asked yesterday on CNBC about China’s human rights record, and how he thinks about it with regard to his investments, he feigned ignorance.
“I can’t be an expert in those types of things,” he told interviewer Andrew Ross Sorkin. “I really have no idea.” He went on to compare China’s government to that of a strict parent, and offered some mush of moral relativism about how the United States does bad things, too. This from a man who wrote a book called “Principles.”
You really should watch the whole thing:
(Excerpt) Read more at bariweiss.substack.com ...
Xao Bai-Ding won’t hear of any negative consequences for his and Hunter’s pals.
Does Brandon?
Are they admitting transwomen already?
Two points:
No, Wall Street does not have balls . . . Dalio is an ass clown, so are the rest who went to bat for China, like Jeffrey Sachs and Black Rock and a few Morgan Stanley old-timers. Putting Chinese stocks in the MSCI indices was a mistake.
And second, stop with the bullshit conspiracy crap about China propping up Wall Street . . . the S&P 500 ALONE has a market capitalization of $38 trillion. Should it be that high? No, the Fed has certainly played a role. But at a 25% discount for that we are still nearly $30 trillion.
NO ONE has the ability to create that except OUR WEALTH CREATION ENGINE as a people. No matter how awful things get in the country we are STILL the most entrepreneurial people who EVER LIVED.
“In women’s tennis I always root against the heterosexual.”
There hasn’t been one since Chris Evert and she was a slut . . .
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