RedSailsFan [none/use name]

i like redsails.org

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Cake day: June 30th, 2025

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  • yeah as much as i hate to say it the past couple of years have kind of vindicated some of my fears about china’s path (i.e. reform and opening up). ive never doubted the huge success it’s had economically but purposefully allowing capital to grow in a market environment even checked by the power of a communist party is a very real danger imo and im very worried they’re not going to stick the landing these days. this is honestly is a perfect opportunity to begin the transition back to a fully planned economy by letting these companies cannibalize each other and themselves then they could swoop in and nationalize and instead they’ve got the people’s daily putting out this garbage. alongside wasting the opportunity for quick dedollarization + the seeming complete capture of chinese economists by western economic woo woo (according to xhs at least), i’m more concerned than ever that the CPC will completely succumb to capital.

    tbc not everything is bad news out of china on this front, if it’s true for instance that they’re restricting who is allowed into the CPC based on ideological rigor more than before, but even still any results from that would take decades to bear out. I think whoever succeeds President Xi will be very telling though (gotta be within the next decade or so right? the man’s 72)