Thursday, 5 November 2020

BEIJING BUTCHERS RIGHT TO STOP JACK MA ANT FRAUD

 A Bloomberg Opinion chides the Chinese Dictatorship for being as capricious as Donald Trump with their eleventh-hour block of Ant's IPO. What utter contemptible garbage! It is true, of course, that the Butchers of Beijing regulators did not intervene for sheer compassion on behalf of millions of poor Chinese investors who would have been utterly and remorselessly skinned by that complete criminal called Jack Ma. The reason why they acted was that they feared the inevitably catastrophic effect on China's financial system of allowing this unabashed fraud to proceed, and the social unrest that it would have blown up without the faintest shadow of a doubt - another Tiananmen Square! Ehy did they act so late? To punish Ma's presumption, Bloomberg suggests. What utter dross! Had the Butchers been motivated by lese majeste' (Ma's lack of subservient respect toward them), they would have simply sent a couple of secret police officers and put him in his place - on pain of "disappearing" in the entrails of a Beijing harsh jail on bread and cheese for the next six months at least! Yes, they were foolish to wait this long before avoiding disaster. But better late than never, right?

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