China is returning to the age of Mao...autocratic. The party has changed the ruling to allow Xi to rule indefinitely...which means there is a whole different way to look at china now.
Will more stagnation allow for greater targeting of leadership to change the strategic environment, or does this allow them the long game while governments which turn over every 4 or so years?
Time will tell.
So here is a bigger question when it comes to SEC pressing the test on crypto, where does the FDIC fall into this argument?
Not sure who has been tracking the BITCOIN house hacks lately, but it is starting to make CC Fraud/Theft look like amateur fun with the amount of money being pulled out.
Is there a point where crypto's and block-chains are going to be tied to a nation's bank insurance structure for bailout and what pain will it cause on a strategic level, let alone a tactical level on economy and livelihood
Note sure how many of you caught this yesterday. Showed up in the news stream and it looks like I'm taking a trip to the book store for work related reading material.
This harkens back to who said it first...a lie told often enough becomes the truth. It is harder to unseat an entrenched idea, no matter how false. There are a ton of these in society at large. Goebbels states, "we do not talk to say something, but to obtain a certain effect".
When thinking about modern spin and the media, Clemens (Mark Twain) points out, "get your facts first, then you can distort them as you please"...welcome to false news.
Only some of the facts, the rest speculation, bravado, fear, (pick a feeling and associated wording). Point being, due to human nature and societal issues, fake news and distorted views will always be an issue to deal with. Granted, in today's realm of the information age warfare, moving the information is so much quicker than in the days of the revolution where it was print and podium.
Honestly, you can't make this stuff up. A student at a Louisiana high school was investigated by authorities because some dolts felt the square-root symbol resembled a handgun.
In late February police searched the home of a high school student because he made a comment while using the square-root symbol when helping a classmate solve a math problem. The comment - which one source described as a bad joke taken out of context to an extreme - prompted gossip that sent authorities to search for guns at the student's home.
Not only were no guns found, but it was also discovered that the student didn't even have access to any guns of any kind.
This is the kind of paranoid, uninformed, under-educated world we live in, where gossiping teenagers can misinterpret a mathematical symbol and a bad joke as a potential school shooter precursor. Evidently, the failure of the partnership between our education system and parents has led to a complete failure in instilling critical thinking skills in our children.
Perhaps if we stop teaching our kids what to think and returned to teaching them how to think - and maybe if parents made sure their little darlings were sent to school with the understanding that they had to behave, pay attention and apply themselves to the learning process instead of treating it as a daily social event - we wouldn't have stupidity reigning supreme!
The fact that this student even knew what a square-root symbol was and how to use it should be something to applaud. Instead, the police searched his house for weapons because we, as a society, are okay with reacting to the lowest common denominator.