Subj : Re: Your opinions on comm
To : Dr. What
From : Kirk Spragg
Date : Sun Jun 09 2024 09:35 pm
DW> Then they became successful and the Elitists wanted control. And like
DW> every time they've gotten control, they've completely messed things up.
A pattern that some large western corporations seem to be following themselves if no to the same degree just look at the mess Microsoft has made of Xbox. Hasbero seems dead set on destroying their profitable D&D business by alienating their customers, Disney stream services are struggling...
Loosing touch with your market/customers/people doesn't end well.
DW> China's economy is not doing so hot. To the point where I've been DW> seeing too many articles about how it's close to collapse.
It looks like a fine mess. The regional funding model is particularly broken, being primarily driven by LGFVs that borrow money to finance real estate development & infrastructure projects. Real estate development in china is not going well at the moment leaving many local governments in a mountain of debt.
It will be interesting to see how the CCP intervenes to "fix" this and what wider repercussions this intervention will have.
