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Bubbles around the world
#3
...And what happens when there is no further buyer?

Here's my suspicion: some countries are getting scarier than most of us believe. China may be a prime example: its authoritarian regime may have kept the lid on dissent for about 25 years, but it has solved none of its political problems. China has fostered an internal bubble to divert people from political reality; it has diverted people from political distress with a speculative boom. I have seen some of the 'cities of the future' that yet to have population; the only way in which those places get settled is if overseas Chinese must relocate due to persecution.

But the reverse has happened, too: Chinese citizens connected to the political and economic elite might have a revolution to fear, with nasty consequences for themselves if they should not get out fast enough. The United States is the epitome of political stability.
The ideal subject of totalitarian rule is not the convinced Nazi or the dedicated Communist  but instead the people for whom the distinction between fact and fiction, true and false, no longer exists -- Hannah Arendt.


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Messages In This Thread
Bubbles around the world - by Ragnarök_62 - 09-12-2016, 06:06 PM
RE: Bubbles around the world - by Ragnarök_62 - 09-12-2016, 08:10 PM
RE: Bubbles around the world - by pbrower2a - 09-12-2016, 09:11 PM

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