Thursday, December 5, 2019

Bloomberg on the Virtues of China

Bloomberg argued in a September 2019 interview that China is moving coal power plants away from cities because the Communist Party “wants to stay in power in China, and they listen to the public.”
“When the public says I can’t breathe the air, Xi Jinping is not a dictator,” the billionaire businessman said. “He has to satisfy his constituents or he’s not going to survive.”
“You’re not going to have a revolution. No government survives without the will of the majority of its people,” Bloomberg insisted.
I am reminded this morning reading this, of Prime Minister Neville Chamberlain going to visit Hitler after he had invaded Sundeland and returning to England to tell the King that Hitler's intentions were peaceful and he was not a bad man or a threat?
Wall Street's motto in December 2019 . .  . ."Commerce and trade at any cost".
Bloomberg also either forgets, or ignores, that a majority of the people can always be forced to follow with a military or police state with enough guns, jail cells, and gallos. The entire Russia government was taken over by a few hundred Lenin thugs with guns and baseball bats.

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